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Amex members approve buyout by NYSE Euronext

by Jim Kharouf

NYSE Euronext and American Stock Exchange (Amex) members approved the buyout by NYSE on June 17, paving the way for Amex to be integrated with NYSE’s floor and electronic trading platforms.

The preliminary vote count showed 695 members in favour of the deal to seven against it. About 84% of the Amex members voted on the transaction. Securities and Exchange Commission (SEC) must still approve the rule changes to finalise...

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