Shareholders vote for NYSE's takeover by ICE

NEW YORK (AP) -- Both NYSE Euronext and IntercontinentalExchange shareholders are voting in favor of the Big Board's acquisition by the ICE.

At a special meeting in New York on Monday, a majority of NYSE's shareholders cast their votes in favor of the deal, according to a statement from the NYSE. In Atlanta, a majority of ICE's shareholders also voted for the deal.

The Atlanta-based exchange in December announced an $8 billion deal for NYSE. Regulators in the U.S. and Europe still have to sign off on it.

ICE plans to put both companies within a new one, ICE Group. The new company's stock would be listed on the New York Stock Exchange under ICE's current stock symbol, "ICE."

Source: http://news.yahoo.com/shareholders-vote-nyses-takeover-ice-153551301.html

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