Monday, 4 February 2013

Buffett's Berkshire bid for NYSE Euronext: report

 Jan. 28, 2013, 11:37 a.m. EST 

 By Sital S. Patel

NEW YORK (MarketWatch) -- A regulatory filing showed Monday that advisers for NYSE Euronext NYX +0.14% approached "a large industrial and financial holding company" that they believed would be interested in NYSE's business. The development took place in late November 2012 when NYSE was in talks to merge with Intercontinental Exchange ICE +0.26% . The proposal by the large industrial company was lower than the ICE proposal, the filing showed. CNBC reported Monday that the likely alternative bidder was Warren Buffett's Berkshire Hathaway 
A spokesperson for the NYSE Euronext declined comment on the matter. A representative from Berkshire Hathaway was not immediately available for comment. ICE agreed to buy NYSE Euronext in late December.

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