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Big Board's Big Rejection

Monday, 11 Apr 2011 | 7:55 AM ET

NYSE Euronext rebuffed an $11.3 billion takeout bid from Nasdaq and ICE as it reaffirmed a controversial merger with German-based Deutsche Boerse. Duncan Niederauer, NYSE Euronext chairman & CEO, sheds insight on that deal, with CNBC's David Faber.