Bloomberg Businessweek (Asia)

Bid/Ask: The London Stock Exchange and Deutsche Börse talk tieup; Verizon gets 20,000 miles of fiber optics

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London Stock Exchange talks merger with Deutsche Börse.

Never mind Brexit ... here comes a deal to create the dominant securities exchange in Europe. The exchanges are also publicly traded companies themselves, and shares of both soared on the news of the talks. The tieup would be an all-stock deal, with Deutsche Börse stockholde­rs getting 54.4 percent of the combined company.

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By Kyle Stock

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