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January 9, 2008

NYSE, Amex in Merger Talks

The NYSE is talking with the privately held American Stock Exchange about acquiring the smaller exchange, possibly for as much as $350 million.  Amex has been consistently losing market share in stocks, options and ETFs and has been looking for a merger partner for some time.  WSJ, NYSE Is in Talks to Buy American Stock Exchange.

January 9, 2008 in News Stories | Permalink

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