|
 AMSTERDAM, Netherlands (AP) - Shareholders of European stock-exchange operator Euronext rejected a proposal Tuesday to commit in principle to a takeover by Deutsche Boerse Group, giving a boost to a rival bid from the New York Stock Exchange.
As the matchmaking dance between some of the world's largest stock exchanges continued, Euronext's boards reiterated they currently prefer an offer from the NYSE Group Inc. to one proposed by the German stock exchange.
Euronext CEO Jean-Francois Theodore said at the annual shareholders meeting that he and the supervisory board had not made a final decision to formally endorse either bid, but advised shareholders to vote against declaring a preference for Deutsche Boerse.
|