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NYFX Nyfix (MM)

1.67
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Nyfix (MM) NASDAQ:NYFX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.67 0 01:00:00

NYSE Euronext To Acquire NYFIX In Deal Worth $144 Million

27/08/2009 1:45pm

Dow Jones News


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Transatlantic stock market operator NYSE Euronext (NYX) Thursday said it has entered an agreement to acquire trading efficiency solutions provider NYFIX Inc. (NYFX) in a deal worth around $144 million.

MAIN FACTS:

- NYSE Euronext is acquiring NYFIX through its indirect, wholly-owned subsidiary NYSE Technologies, Inc.

- The transaction is expected to close in the fourth quarter of 2009 and to be accretive to NYSE Euronext 2010 earnings, excluding one-time deal and restructuring costs.

- The deal is in all-cash at $1.675 per share of common stock.

- The NYSE Euronext, NYSE Technologies and NYFIX Boards of Directors have approved the acquisition, which is subject to approval by NYFIX shareholders and customary regulatory approvals.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; william.horobin@dowjones.com

 
 

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