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The U.S. Department of Justice takes credit for squashing Nasdaq's (NDAQ +2%) $11B bid for NYSE...

May 16, 2011 10:12 AM ETNasdaq, Inc. (NDAQ) StockNYX-OLD, NDAQ, ICE, DBOEYBy: Carl Surran, SA News Editor
The U.S. Department of Justice takes credit for squashing Nasdaq's (NDAQ +2%) $11B bid for NYSE Euronext (NYX -10.4%) "after [DOJ] informed the companies that it would file an antitrust lawsuit to block the deal... the acquisition would have substantially eliminated competition." ICE +5.6%, OTCPK:DBOEY +4.8%.

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