NYSE To Change Hands In $8.2 Billion Deal
The New York Stock Exchange, known officially as NYSE Euronext, traces its roots back to 1792. For most of its history it has been an independent company. But not anymore — on Friday NYSE Euronext announced that it is being acquired by Atlanta-based IntercontinentalExchange, in a deal valued at $8.2 billion. Executives at both companies said they believe regulators will approve the proposed merger.