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Deutsche Boerse, NYSE Merger ‘Bad for Markets,’ Spencer Tells FT

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July 4 (Bloomberg) -- ICAP Plc Chief Executive Officer Michael Spencer said the proposed merger of Deutsche Boerse AG and NYSE Euronext would result in a monopoly that would be “fundamentally bad for markets,” the Financial Times reported, citing an interview with Spencer.

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.

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