NYSE tinkering with deal structure, some members not appeased

Recall that under the original NYSE-Archipelago deal, the NYSE's 1,366 seat owners would get $300,000 in cash per seat plus a combined 70 percent of the stock of the combined company. That didn't wash with some seat owners. So John Thain, CEO of the NYSE, is now considering ways that would give seat holders some say in the cash vs. equity allocation, according to the Associated Press. Thain is also considering reducing the duration of the lock up. He also reiterated his defense of Goldman's dual role in the deal. Seems like a concerted effort to keep the deal on track, which is not a foregone conclusion. The dissidents say they still are not impressed.

> Here's the Associated Press article.