NYSE Euronext

Robbins Umeda LLP Is Investigating NYSE Euronext Acquisition for Shareholders

Robbins Umeda LLP, a shareholder rights litigation firm, is investigating possible breaches of fiduciary duty and other violations of state law by members of the board of directors of NYSE Euronext (NYSE:NYX) in connection with their efforts to sell the NYSE Euronext to Deutsche Boerse AG (XETRA:DB1).

On February 15, 2011, NYSE Euronext and Deutsche Boerse announced a business combination agreement under which under which NYSE Euronext will be acquired by Deutsche Boerse.¬† Under the terms of the current agreement, NYSE Euronext shareholders will receive 0.47 shares of the new company and control a mere 40% of the Company’s outstanding shares.¬† This amounts to an approximate value of $38.12 per share of NYSE Euronext at the time of the announcement.

The investigation seeks to determine whether NYSE Euronext’s board of directors undertook a fair process to obtain maximum value for its shareholders. ¬†Several analysts had higher expectations, with price targets as high as $46.00, significantly higher than the consideration offered in the proposed acquisition.

If you own stock in NYSE Euronext and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsarroyo.com.

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