NYSE Euronext has agreed to acquire technology company Nyfix for $144m. It expects to close the deal during the fourth quarter of 2009. The all-cash deal is worth $1.675 a share of common stock.
The acquisition has been approved by NYSE Euronext, NYSE Technologies and the Nyfix board of directors. The deal now requires approval by Nyfix shareholders and regulators.
The deal was hailed by Howard Edelstein, chief executive of Nyfix, who said...