ICE to Acquire NYSE For $8.2 Billion

The IntercontinentalExchange (ICE) sent Wall Street into an absolute frenzy today with the announcement that it intends to acquire the New York Stock Exchange for $8.2 billion. The NYSE has existed since 1792. ICE formed a mere twelve years ago.

The deal is still subject to approval by regulators – but that isn’t expected to be a problem.