NEW YORK: Nasdaq OMX Group Inc. and Intercontinental Exchange Inc. are trying to reassure the owners of the New York Stock Exchange that they have adequate financing for their unsolicited $11.3 billion takeover bid and are willing to pay a hefty penalty if regulators object to it.
The companies, whose bid was rejected by NYSE Euronext Inc. in favor of an earlier $10 billion offer by German exchange operator Deutsche Boerse AG, argued in a letter to the chairman of NYSE Euronext chairman Tuesday that their proposal is superior.
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