4/27/2011

Nasdaq OMX Group and IntercontinentalExchange sent an open letter to NYSE Euronext shareholders urging them to encourage the company's directors to discuss their counteroffer. The letter is the latest move in Nasdaq and ICE's full-court press for a takeover of NYSE Euronext. "As NYSE Euronext stockholders, which would you choose -- engagement on a financially superior proposal, or a story about why an inferior transaction is really 'superior?' " according to the letter from Nasdaq CEO Bob Greifeld and ICE CEO Jeffrey Sprecher.

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