Many shareholders see now as being the eleventh hour for an NYSE Euronext merger with Nymex. Many were expecting to hear the announcement shortly after the fed's upcoming rate cut. Some people actually had expected to have already heard about the sale of NYMEX's headquarters. They are asking "Could this real estate deal be holding up the merger?" Now that NYX shares have been in bull mode, climbing to $ 90 in the past week, people are thinking that everything is aligning perfectly. Yet, there has been virtually no news on the subject since the initial speculation of the rumored merger. Everybody is looking for some sign that it is going to take place. If you are looking for some sign that the deal is coming you may end up empty handed. That's because there is reason to believe that when and if the deal does happens, it will happen very quickly without warning. Don't blink a eye, this one will come right out of the blue. In a telling past regulatory filing NYSE Euronext stated they "need to respond to potential opportunities quickly and decisively. Strategic transactions may occur at any time and be significant in size relative to our assets and operations." If we do see a deal after the fed rate cut it will most likely come with lighting speed.Everybody is watching and waiting to see.
http://www.cnbc.com/id/20387579/
http://www.forbes.com/2006/03/14/nasdaq-nyse-0314markets14.html?partner=msn
1 comment:
you suck doodoo
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