Deutsche Boerse AG will likely face an in-depth review by European Union antitrust regulators of its $9.53 billion bid for NYSE Euronext , a deal that would create the largest owner of equities and derivatives markets, lawyers said.
The insider-trading trial of Galleon Group LLC co-founder Raj Rajaratnam next month is the culmination of U.S. investigations dating back 12 years that involved blind alleys, anonymous tips, wiretaps and a trip into the Tamil Tiger underworld before prosecutors got their man, Bloomberg News’ Patricia Hurtado reports.
NYSE Euronext said some securities listed on the New York Stock Exchange and NYSE Amex didn’t stop trading at the normal closing time of 4 p.m. Spokesman Ray Pellecchia declined to say what caused the problem.
NYSE Euronext , the parent company of the New York Stock Exchange, was sued by shareholders seeking to block its planned $9.53 billion sale to Deutsche Boerse AG, a deal that would create the world’s largest owner of equities and derivatives markets.