NEW YORK – The New York Times is reporting that market operators Nasdaq OMX and InterContinental Exchange are discussing forming a partnership to bid for NYSE Euronext.
The Times cited a person briefed on the matter. That unnamed person told the Times that an offer may not emerge for several weeks. The person also cautioned that there is a low probability of a bid. Representatives from Nasdaq OMX Group Inc. and InterContinental Exchange Inc. didn't immediately respond to messages seeking comment.
Deutsche Boerse, the owner of the Frankfurt stock exchange, said on Tuesday that it will buy NYSE Euronext Inc., the parent of the New York Stock Exchange in a deal that values it at $10 billion.
A Deutsche Boerse-NYSE combination would put pressure on other exchange operators to grow to compete.
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