Even though Deutsche Borse and NYSE successfully vanquished NASDAQ’s rival bid, investors still needed a little more incentive to vote for the transaction. So, Deutsche Borse is sweetening the pot. Again.
NYSE’s justification for the special dividend is interesting:
The ability to provide a special dividend underscores the strength of the combined group, which will be a global leader across the spectrum of capital markets services, including derivatives trading and risk management, capital raising and equities trading. . .
This may be true, but the message this dividend sends is clear: hold on to your shares and vote for the merger.
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