Tech Questions Loom After Major Exchanges Tie the Knot
In April 2011, the Australian government put the kibosh on the Singapore Exchange’s (SGX’s) $8.3 billion bid for the Australian Securities Exchange (ASX), citing issues of domestic regulatory control. A month later, Nasdaq OMX and the IntercontinentalExchange (ICE) cancelled their joint $11.2 billion bid for NYSE Euronext when it became clear that the US Justice Department would block it on monopoly grounds. And just a month after that, TMX Group’s Canadian shareholders rejected a $3.8 billion
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