Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of stock exchange company NYSE Euronext
So what: Nasdaq OMX
Now what: Now the deal with Deutsche Boerse goes to a shareholder vote on July 7. Management preferred this deal all along, touting the growth opportunities for the German and U.S. exchanges. I don't see a reason to buy shares today given the loss of a higher bid, but this might be better for shareholders in the long run.
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