PostHeaderIcon NYSE Board Rejects Nasdaq-ICE Bid With Reverse Breakup Fee


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OECD recommends sales tax hike for Japan to cut debt amid post-quake reconstruction spending
TOKYO – Japan should as much as quadruple its sales tax rate to deal with a crushing deficit that’s bound to grow as it spends on reconstruction

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NYSE Board Rejects Nasdaq-ICE Bid With Reverse Breakup Fee
NYSE Euronext directors again rebuffed an $11.3 billion takeover offer from Nasdaq OMX Group Inc. and IntercontinentalExchange Inc., saying a proposed breakup fee to allay antitrust concerns doesn’t change their commitment to merging with Deutsche Boerse AG.

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