In 2011,NYSE Euronext and ICE Group One of the Largest

Multiple Choice

In 2011,NYSE Euronext and ICE Group one of the largest stock exchanges in the world) was warding off a hostile takeover bid by NASDAQ OMX,another U.S.-based stock exchange.NASDAQ OMX's intention was to break up NYSE Euronext after the acquisition.The NYSE-NASDAQ merger would have created the largest stock exchange in the world.To avoid an acquisition by NASDAQ OMX,the NYSE Euronext could have made a case that:

A) When acquiring a large firm,it is illegal to break up a large conglomerate that has been in business for over a year.
B) Combining NYSE with NASDAQ would never survive anti-trust scrutiny.
C) After payoff,the acquired firm's stockholders are never permitted to purchase the stock of the newly formed com.
D) The acquiring firm never pays the acquired firm stockholders what it promised.