NYSE Euronext (NYSE: NYX) notes that Nasdaq OMX Group, Inc. (Nasdaq: NDAQ) and IntercontinentalExchange Inc. (NYSE: ICE) have announced their intention to begin an unsolicited exchange offer some time in May to acquire all outstanding shares of NYSE Euronext.
NYSE Euronext further notes that Nasdaq and ICE have announced that the terms of the offer will be the same as previously proposed. On April 21, 2011, NYSE Euronext’s Board of Directors unanimously rejected this proposal from Nasdaq OMX/ICE.
Press release
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