NYSE EURONEXT (NYX): Is NYMEX Waiting For Another Fed Rate Cut Before A NYSE Merger? Pigs Get Fat, Merger Hogs Get Slaughtered

We would like to think that the leaders of industry and business are mature, rational adults. However, this is rarely the case. These so called leaders of industry often act just like a spoiled child. This may well be the case in the NYSE Euronext Nymex merger deal. The deal will inevitably happen but many investors were hoping that it would come shortly following the feds generous rate cut. Now it would seem that Nymex would receive the "significant premium" for its shares and real estate it so desired. This is not the case. It is rumored that Nymex wants what many people see is an unreasonable price for their valuable real estate. They want significantly over $500M and are seemingly ready to hold up the merger a bit longer until they get a P+S signed to sell their property. It is also rumored that there is a communications break down between Nyse and Nymex. This hold up of the merger has frustrated the heads of NyseEuronext to no end. Now they are treating Nymex like a red headed step child. Some are now saying that Nymex may be waiting for another fed rate cut which will sweeten the deal for prospective overseas buyers. Then Nymex will receive the money it wants for the real estate transaction. Nyse Euronext does have leverage over Nymex and they will do whatever they can to make this deal go through. Nymex wont be able to hold out much longer.