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ICE CEO Says Proposal to Buy NYSE 'Well Received' by Regulators

IntercontinentalExchange Inc's $8.2 billion proposal to acquire NYSE Euronext has been "well received" by regulators, ICE Chief Executive Jeffrey Sprecher said on Thursday.

IntercontinentalExchange Inc's $8.2 billion proposal to acquire NYSE Euronext has been "well received" by regulators, ICE Chief Executive Jeffrey Sprecher said on Thursday.

Sprecher said he and NYSE CEO Duncan Niederaur just completed a "whirlwind tour" visiting global regulators, particularly the five regulators that oversee the various markets in Europe, ahead of their announcement of the deal on Thursday morning.

Copyright 2012 by Reuters. All rights reserved.

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