NYSE Euronext-D Börse Merger Passes CFIUS Scrutiny -FT

The proposed merger of Deutsche Börse (DBOEY) and NYSE Euronext NYX is one step closer after the Committee on Foreign Investment in the United States gave its approval to the $9.4B deal. CFIUS is an inter-department government agency that examines takeovers of US assets by foreign companies. That leaves one major obstacle before the merger is completed: clearance from the European Commission. European regulators and competitors have expressed concerns over the potential dominance created by a merger of the two exchange giants. NYSE Euronext and Deutsche Börse shareholders have already backed the deal. The European Commission is expected to make a decision by December 13. Shareholders in NYSE Euronext and Deutsche Börse both backed the deal last month.