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URB.A Urbana Corporation

4.80
0.05 (1.05%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Urbana Corporation TSX:URB.A Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 1.05% 4.80 4.75 4.80 4.80 4.75 4.79 16,234 21:00:02

Urbana Corporation: Response to New NYX Bid

01/04/2011 3:31pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Urbana Corporation ("Urbana") (TSX:URB.A) announces that NASDAQ OMX Group Inc.
and the IntercontinentalExchange Inc. propose to acquire NYSE Euronext ("NYX")
for $42.50 in a combination of cash and shares.


The proposed bid represents an approximate premium of 19 percent to the Deutsche
Boerse proposal.


Urbana Corporation holds 1,800,000 shares of NYX, representing approximately 40
percent ($62.4 million) of Urbana's investment portfolio.


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