The New York Stock Exchange is being sold to a rival exchange for about $8 billion, ending more than two centuries of independence for the iconic Big Board.
December 20, 2012 at 12:00 AM
1 minute read
The New York Stock Exchange is being sold to a rival exchange for about $8 billion, ending more than two centuries of independence for the iconic Big Board.
The buyer, IntercontinentalExchange Inc., an upstart exchange based in Atlanta, made clear Thursday that little would change for the trading floor in Manhattan’s financial district if regulators approve the deal.
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