CARS HOMES JOBS

Stock exchange sold for $8 billion

Clout of NYSE has dwindled with advanced technology

Thursday, December 20, 2012
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In a deal that highlights the dwindling stature of what was once a centerpiece of capitalism, the New York Stock Exchange is being sold to a little-known rival for $8 billion — $3 billion less than it would have fetched in a proposed takeover just last year. ...

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