Posted on 04/20/2005 1:49:39 PM PDT by Interloper
NEW YORK, April 20 (Reuters) - The New York Stock Exchange said on Wednesday it will merge with electronic market operator Archipelago Holdings Inc. (AX.P: Quote, Profile, Research) as a publicly traded, for-profit company.
The Big Board will own 70 percent of the new company, NYSE chairman John Thain, said in a press conference.
Oh good, will Jacko be President?
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