The NYSE and Euronext won important eleventh-hour endorsements for their planned $14 billion tie-up ahead of today's key shareholder vote on the creation of the first trans-Atlantic equities market. Assurances that the NYSE's acquisition of Euronext will not burden European-listed companies with U.S. red tape appeared to have convinced some -- but not all -- influential waverers. The Dutch government, which had threatened to use its veto unless its concerns were addressed, gave its cautious support.
December 19, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The New York Stock Exchange and Euronext won important eleventh-hour endorsements for their planned 10.7 billion euro ($14 billion) tie-up ahead of a key shareholder vote today on the creation of the first trans-Atlantic equities market.
Assurances that the NYSE Group Inc.’s acquisition of Euronext NV will not burden European-listed companies with U.S. red tape appeared to have convinced some influential waverers, although others were not persuaded.
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