NYSE rejects Nasdaq / ICE bid for a second time (AP)

By DAVID k. RANDALL, AP Business writer David k. Randall, Ap Business writer - Thu 21 April, 12: 36 pm and

NEW YORK--the parent company of the New York Stock Exchange rejected a bid not sought for the second time.

The Board of NYSE Euronext Inc. unanimously rejected a bid of 11.3 billion from Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. would sculpt the company in two. Society leaders reaffirmed commitment of the NYSE's merger previously agreed to 10 billion dollars with the operator Deutsche Boerse German exchange, despite the lower price for shareholders.

Board of Directors of the NYSE rejected the agreement in part because of the risk that regulators would not two major awards of the country to merge.

The rejection is implementing a struggle for the shareholders. NASDAQ CEO Robert Greifeld said analysts Wednesday that the company planned to appeal to shareholders directly if NYSE even delayed the progress of the company.

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