The Canadian Press

2011-02-09 | TMX LSE Merger

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TMX Group, which operates the Toronto Stock Exchange, and the London Stock Exchange announced a proposed $3.7 billion merger on February 9th. TMX Group CEO Thomas Kloet told a Toronto news conference the deal would re-define the global exchange business. (Critics argued the deal would shift control of Canada's main stock exchange to London. It was killed on June 29th because it could not garner enough shareholder support.)

Date: 2011-02-09
Placeline: TORONTO, Ontario.
Source: The Canadian Press
Length: 21 seconds

Transcript Prediction: << the new company operating on both sides of the business and customer service to successful businesses are combining deniable >>


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