New York Stock Exchange To Merge With German Rival

On Tuesday, NYSE Euronext and the Deutsche Borse announced they were merging. The deal will create the largest stock exchange in the world. It may also create more volatility in the market and potentially lead to more investment bubbles.

So while the deal makes sense for the exchanges, whether it turns out to be a good thing for investors is another story. While they are calling the deal a merger, it is really a takeover. The Deutsche Borse will hold 10 of the 17 seats on the combined companies new board.

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