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Exchange Merger Clears U.S. Hurdle

The planned takeover of NYSE Euronext by Germany's Deutsche Börse AG on Tuesday cleared a regulatory hurdle that has thwarted prior cross-border deals centered on enterprises deemed critical to the U.S.

The exchange companies said that their planned $16.9 billion tie-up drew no objection from the U.S. Committee on Foreign Investment in the United States, of CFIUS, the Treasury-headed panel that determines whether foreign mergers and acquisitions raise national security concerns.

Read the full article at the The Wall Street Journal



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