The parent company of the New York Stock Exchange, NYSE Euronext, plans to merge with Deutsche Böerse of Frankfurt, Germany in a deal worth about $10 billion.
Each share of Deutsche Böerse stock exchanged for one share of the new company, while shares of NYSE Euronext will be exchanged for 0.47 shares each. Deutsche Böerse stockholders will own 60 percent of the new company and NYSE Euronext shareholders 40 percent.
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