NYSE, ICE Merger Draws Opportunistic Lawsuits

Lawsuits have begun to crystallize around the proposed merger between IntercontinentalExchange Inc (NYSE:ICE) and NYSE Euronext (NYSE:NYX). Two individual lawsuits filed against NYSE Euronext allege that the share price agreed upon for the merger was too low.

The details of the law suits were released earlier today by the Wall Street Journal. The suits were filed by New Jersey Carpenters Pension fund and Samuel Cohen. The short article exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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