NYSE sued by pension fund over $8.2B ICE deal

12/25/2012 | Reuters

The New Jersey Carpenters Pension Fund filed a lawsuit against NYSE Euronext saying its $8.2 billion deal with IntercontinentalExchange undervalues NYSE stock. The complaint filed in New York State Supreme Court asks the court to block the sale. The papers seek approval of the action as a class-action suit on behalf of other NYSE Euronext shareholders.

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