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Finkelstein Thompson LLP Announces Investigation of NYSE Euronext, Inc.


Published on 2011-02-18 13:46:02 - Market Wire
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WASHINGTON--([ BUSINESS WIRE ])--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of NYSE Euronext, Inc. (aNYSE Euronexta or the aCompanya) (NYSE: NYX) concerning the proposed acquisition of the Company by Deutsche Boerse AG. Under the terms of the offer, NYSE Euronext shareholders will receive 0.47 shares in the new company for each share of NYSE Euronext stock owned, and NYSE Euronext shareholders would own a minority 40% interest in the new company. The approximate value of the consideration was $38.12 per share of NYSE Euronext as of the date of the merger announcement.

The investigation is focused on the potential unfairness of the consideration to NYSE Euronext shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among NYSE Euronext Board members. In particular, according to Yahoo! Finance, at least one analyst has set a target price of $48.00 for NYSE Euronext shares.

If you are interested in discussing your rights as a NYSE Euronext shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at [ contact@finkelsteinthompson.com ].

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at [ www.finkelsteinthompson.com ]. Attorney advertising. Prior results do not guarantee similar outcomes.

Contributing Sources