NASDAQ OMX Group and IntercontinentalExchange Deliver Proposed Merger Agreement to NYSE Euronext Board of Directors

NASDAQ OMX NDAQ and IntercontinentalExchange ICE today announced they have taken a series of steps demonstrating their commitment to pursuing their superior proposal with NYSE Euronext and providing greater certainty to the NYSE Euronext Board. A proposed merger agreement has been submitted to the NYSE Euronext Board that is consistent with the terms of the current business combination agreement with Deutsche Boerse; NASDAQ OMX and ICE are prepared to pay a reverse termination fee of $350 million (USD), in the event that they are unable to obtain necessary antitrust and competition approvals; NASDAQ OMX and ICE have received fully committed financing of $3.8 billion from a group of leading institutions; and Actions necessary to start the U.S. antitrust review processes have been taken and those reviews are expected to commence shortly.