Deals
ICE's Sprecher Contemplates Next Move as LSE Bidding Looms
- CEO says he has access to money, shareholders want growth
- Acquisitions played central role in making ICE a powerhouse
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Your move, Jeff Sprecher.
The chief executive officer of Intercontinental Exchange Inc. has to decide whether to bid for London Stock Exchange Group Plc now that Deutsche Boerse AG and LSE have announced an all-share deal that they’ve described as a merger of equals. ICE, the owner of the New York Stock Exchange, confirmed on March 1 it’s considering a bid. It has started lining up financing, people familiar with the matter said last week.