Hedge funds want Deutsche Boerse/Euronext merger

www.reuters.com – LONDON (Reuters) – Hedge funds want a merger between European bourse operator Euronext and rival Deutsche Boerse because it would create thebest value for investors, hedge fund sources said.

Last year Deutsche Boerse made a bid for the London Stock Exchange, which was abandoned because of opposition led by hedge funds The Children’s Investment Trust and Atticus Capital. They wanted Deutsche Boerse to hand out cash to shareholders instead.

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