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Monday, January 28, 2013
Warren Buffett Offered to Buy The NYSE Euronext
Buffett Said to Have Expressed Interest in Buying NYSE Euronext
Warren E. Buffett has built one of the world’s great fortunes looking for companies undervalued by the markets. For a short while, it appears, he considered the New York Stock Exchange‘s parent one of those potential deal targets.
Mr. Buffett’s Berkshire Hathaway made an “indicative proposal” to buy NYSE Euronext in late November, people briefed on the matter told DealBook on Monday. But the initial expression of interest sputtered out fairly quickly, freeing the company to pursue its $8.2 billion sale to the IntercontinentalExchange.- in The NY Times