The company said Nasdaq's deal was "highly conditional" and would cause unnecessary risk for shareholders.
NYSE rejects Nasdaq, IntercontinentalExchange bid
NEW YORK
NYSE Euronext said Sunday that its board unanimously agreed to
turn down the offer, which was submitted earlier this month. The
company says it is sticking with its plan to combine with German
exchange operator Deutsche Boerse. NYSE agreed to that $10 billion
deal in February.
