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Euronext-NYSE wins influential supporter

Nasdaq fuels price competition with fee cut

Euronext received a second boost to its hopes of a merger with the New York Stock Exchange by winning support from influential proxy voting firm Institutional Shareholder Services, a day after European regulators indicated they will allow the deal to go ahead.

ISS, the largest shareholder adviser and research company, called on Euronext shareholders to back the trans-Atlantic merger plan at the Extraordinary General Meeting on December 19.

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