The New York Stock Exchange may be put up for sale as early as next year, by its owner Intercontinental Exchange, Inc. (ICE), according to the New York Post. Sources say ICE will with sell or spinoff the "Big Board" within a year.
Attempts to make the NYSE more profitable, with updated technology are a prelude to a sale, according to the sources.
Intercontinental Exchange closed Friday at $221.88, up $0.15.
http://nypost.com/2014/12/28/signs-point-to-new-york-stock-exchange-going-up-for-sale/
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in