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February 9, 2011

Financial news from today's New York Times

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"Under the terms being negotiated, the New York Stock Exchange — which began in 1792 when brokers gathered beneath a buttonwood tree in lower Manhattan to trade five securities of the new nation — would still have a headquarters in Manhattan. But the Deutsche Börse would own as much as 60 percent of the combined company, which would be incorporated in the Netherlands."
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