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D.Boerse, NYSE narrow in on name as talks intensify

Reuters - Feb 12, 2011

Deutsche Boerse and NYSE Euronext may call a merged company "DB NYSE Group," according to two people close to the negotiations, though the companies said no name for what could become the world's largest exchange operator has been picked.

The Frankfurt- and the New York-based companies will likely sidestep thorny issues of technology in a bid to strike a merger deal by early next week, the Europe-based sources said. The companies are edging toward an outline deal to be agreed on Tuesday or Wednesday, one source said.

The exchange operators said on Saturday their negotiations continued. "No name has been finalized and we expect any decision on a name would be made at a later date, subject to the successful completion of a merger agreement," they said in a joint statement.

Read Full Article from Reuters

- Posted: 2011-02-12 21:01:50


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