FTC approves Nyse Euronext takeover of Amex

Source: NYSE Euronext

NYSE Euronext (NYSE Euronext: NYX) and the American Stock Exchange (Amex) today announced that the two companies received notification from the Federal Trade Commission that early termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 has been granted in connection with the proposed acquisition of Amex by NYSE Euronext.

The proposed acquisition remains subject to the satisfaction of other conditions including the approval of Amex seat owners and the U.S. Securities and Exchange Commission. The parties expect the transaction to close in the third quarter of this year.

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