The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

Harwood Feffer LLP Announces Investigation of NYSE Euronext

Thursday, December 20, 2012

Harwood Feffer LLP Announces Investigation of NYSE Euronext15:34 EST Thursday, December 20, 2012NEW YORK, Dec. 20, 2012 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of NYSE Euronext ("NYSE" or the "Company") (NYSE: NYX) concerning the proposed acquisition of the Company by IntercontinentalExchange, Inc. ("ICE") in a transaction valued at approximately $8.2 billion.(Logo:  http://photos.prnewswire.com/prnh/20120215/MM54604LOGO )On December 20, 2012, NYSE announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by ICE.  Under the terms of the agreement, ICE shareholders will receive $33.12 in cash for each NYSE share owned.  Our investigation concerns whether the NYSE board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.  If you own NYSE shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:Benjamin Sachs-Michaels, Esq.Robert I. Harwood, Esq.Harwood Feffer LLP488 Madison AvenueNew York, New York 10022Phone Numbers: (877) 935-7400(212) 935-7400Email: bsachsmichaels@hfesq.comWebsite: http://www.hfesq.comHarwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.Attorney Advertising © 2012 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.SOURCE Harwood Feffer LLP