NYSE provide ICE acquisition update

PUBLISHED: Oct 14 2013 @ 13:30 | Comments (0) |

NYSE Euronext has provided the following statement and timeline for the completion of its pending acquisition by IntercontinentalExchange (NYSE:ICE), a leading operator of global markets and clearing houses.

ICE and NYSE Euronext have established a closing date of November 4, 2013 for their previously announced transaction. The November 4, 2013 closing date is predicated upon the receipt by IntercontinentalExchange and NYSE Euronext of remaining European regulatory approvals prior to such date, and may be extended to a later date by further public announcement should any necessary approvals remain outstanding at such date.

ICE and NYSE Euronext have also established an election deadline for shareholders of NYSE Euronext to make merger consideration elections of stock and/or cash consideration of 5:00 p.m., New York City time, on October 31, 2013, with such election deadline being fixed unless extended by ICE through further public announcement.

Shareholders of NYSE Euronext who hold shares through a financial intermediary such as a bank, broker, trust company or other nominee may have an earlier election deadline and should carefully review any instructions received from their bank, broker, trust company or other nominee in order to comply with any earlier deadline.

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