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ICE/NYSE Merger: Inside the Deal With CEOs

Thursday, 20 Dec 2012 | 9:49 AM ET

"We want to spring-load this company," said Jeffrey Sprecher, IntercontinentalExchange CEO, discussing the terms of the cash and stock deal between the two exchanges, with Duncan Niederauer, NYSE Euronext CEO. There's a lot of cash sitting on the sidelines, Sprecher added.