EU 'squandered a great opportunity' says DB
The two exchanges have pledged to continue expansion despite the EU decision and questioned the decision.Jan-Michiel Hessels, NYSE Euronext chairman said, "Our merger would have created a high standard for transparency, stability and efficiency in the global capital markets, and we proposed significant and tangible remedies designed to address the European Commission’s concerns with the transaction. But as we made clear throughout this process, we would not agree to any concessions that would compromise or undermine the industrial and economic logic of the proposed combination."While we are disappointed and strongly...