Friday, February 11, 2011

Merger Could Take NYSE Out of American Control

More global consolidation of former United States jobs into foreign hands...

******************************************************************************

A German company is in high-level talks to acquire the New York Stock Exchange, Wall Street's most recognizable institution. According to reports published in both the German and American financial press, Deutsche Borse, a Frankfurt-based stock exchange is seeking to take a 60 percent ownership interest in the NYSE. The merger would create the world's largest financial exchange.

Full article here: http://www.nbcnewyork.com/news/local-beat/Merger-Could-Take-NYSE-Out-of-American-Control-115817389.html

No comments:

Post a Comment