NYSE Shareholders Anticipate Response From Deutsche Boerse

Deutsche Boerse AG will probably raise its offer for NYSE Euronext to fend off Nasdaq OMX Group Inc.’s unsolicited bid, according to three shareholders of the biggest U.S. stock exchange operator.

NYSE Euronext Chief Executive Officer Duncan Niederauer told employees on April 1 that while he will study the $11.3 billion proposal from Nasdaq OMX and IntercontinentalExchange Inc., the company is “fully committed” to the Deutsche Boerse deal. Deutsche Boerse’s board isn’t currently considering raising its announced $9.53 billion bid, according to a person with direct knowledge of the matter who spoke on condition of anonymity because the deliberations are private.