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ISE Confirms Takeout Plan
Updated from 10 a.m.
Shares of the International Securities Exchange(ISE Quote) surged 46% after the exchange set plans to be acquired by a Deutsche Boerse affiliate.
The New York-based options exchange could be acquired for $67.50 a share, a 47% premium to Friday's closing price. A deal would combine the ISE with derivatives exchange Eurex, a venture of Deutsche Boerse and the Swiss Exchange. ...
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