NASDAQ, ICE Bid $11.3B For NYSE Euronext

NASDAQ OMX and IntercontinentalExchange have tendered an around $11.3 billion cash and shares bid for NYSE Euronext.

NASDAQ OMX and IntercontinentalExchange (ICE) have tendered an around $11.3 billion cash and shares bid for NYSE Euronext, The Wall Street Journal reports. For each NYSE share, investors will be paid $14.24 in cash, plus 0.4069 shares of NASDAQ OMX stock and 0.1436 shares of ICE, adds Finextra.

As per the deal, ICE would take on NYSE Euronext’s futures businesses while NASDAQ will own the rest, including exchanges in New York, Paris, Brussels, Amsterdam and Lisbon, along with the U.S. options business. The offer may affect NYSE Euronext and Deutsche Boerse’s agreed $9.53 billion tie-up.

Click here for the story from The Wall Street Journal.