NEW YORK (
, the operator of the New York Stock Exchange, is in talks to sell itself to rival
, according to reports.
People close to the discussions told
The Wall Street Journal
an announcement could come as early as Thursday.
Under a deal, ICE would value NYSE at $33 a share, a 37% premium to its closing price on Wednesday, according to a report from
NYSE closed Wednesday at $24.05 and soared more than 20% in after-hours trading.
Spokespeople for both companies wouldn't comment.
-- Written by Joseph Woelfel
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