Stakes higher in global exchange derby
Deutsche Bourse has put a price on its bid for Euronext. It says its offer is worth more than $10 billion, which puts it above the NYSE's bid of about $9.96 billion. So the war continues. The import of all this is that Euronext is not giving up its campaign to sway Euronext shareholders, despite the board's decision to accept the NYSE's proposal. Deutsche Bourse is appealing to shareholder's euro sensibilities, touting the benefits of a pan-Europe exchange.
> Here's the AP update.
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