Markets
London, Toronto stock exchanges nix merger
OTTAWA : A plan to merge the London Stock Exchange and the Toronto Stock Exchange was scrapped Wednesday, the two announ
OTTAWA: A plan to merge the London Stock Exchange and the Toronto Stock Exchange was scrapped Wednesday, the two announced in a statement.
The deal was not expected to win the support of two thirds of LSE and TMX shareholders required for approval at a Thursday meeting, they said.
Copyright AFP (Agence France-Presse), 2011
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