NYSE is sued by pension fund over $8.2B ICE deal

12/25/2012 | Reuters

The New Jersey Carpenters Pension Fund has 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 and seeks class-action status on behalf of other NYSE Euronext shareholders.

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