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NYSE-Euronext merger deal may include anti-Sarbanes-Oxley break-up clause

NYSE-Euronext merger deal may include anti-Sarbanes-Oxley break-up clause

by Rick Turoczy on July 25, 2006

Lawyers and regulators are working on adding a clause to the merger agreement between Euronext NV and NYSE Group Inc which would break up the deal if any attempt was made to apply the Sarbanes-Oxley US corporate reporting rules to companies listed on the combined group’s European exchanges, L’Agefi financial daily reported, citing an unidentified financier.

NYSE-Euronext merger deal may include anti-Sarbanes-Oxley break-up clause

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