Higher Bid for NYSE Lifts Capital Markets ETFs
April 01, 2011 at 07:33 AM EDT
Capital markets exchange traded funds (ETFs) were set to get a boost Friday as NYSE Euronext shares vaulted over 10% in preopen trade after Nasdaq OMX Group and IntercontinentalExchange unveiled a rival bid for the exchange operator. The $11.3 billion offer represents a 19% premium to NYSE...