ICE buys NYSE for $8.2B

http://newsdoors.blogspot.com/2012/12/ice-buys-nyse-for-82b.html ICE buys NYSE for $8.2B

An upstart Atlanta entrepreneur has captured the Big Board — the 220-year-old beating heart of Wall Street capitalism — in a surprise deal that has eluded far more established suitors for years.

Jeffrey Sprecher’s 12-year-old IntercontinentalExchange — which he built from an obscure power company in Georgia into a key trader for energy and commodities derivatives — revealed an $8.2 billion deal to buy Big Board parent NYSE Euronext yesterday.

http://newsdoors.blogspot.com/2012/12/ice-buys-nyse-for-82b.html