04.04.2011 - ICE provides power for Nasdaq's bid
The real upstart of Friday's takeover bid for the New York Stock Exchange isn't the 40-year old Nasdaq. It's IntercontinentalExchange Inc., which got its start in 2000 as a place where utilities could trade electricity. Nasdaq OMX Group Inc. couldn't have made an $11.3 billion offer for NYSE Euronext without ICE, and the Atlanta company would emerge as the biggest winner by some measures if the deal gets done. One example: ICE would swell in size to the fourth-largest derivatives exchange in the world, up from No. 14 now..............................................Full Article: Source
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