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NYSE, D. Boerse to pay dividends, end investor suits

NEW YORK (Reuters) - NYSE Euronext (NYX.N) and Deutsche Boerse AG (DB1Gn.DE) Agreed to pay Roughly $ 900 million of Dividends to shareholder lawsuits challenging U.S. Settle Their Roughly $ 10 one billion merger to create the world s largest exchange operator.

According To year agreement on June 17 filed with the Delaware Chancery Court, the companies Shareholders Would pay 2 euros (U.S. $ 2.85) per share outstanding of the combined holding company after the merger IS Planned Completed.

The agreement short Requires Approval, and shareholder lawsuits Would end in New York and Delaware state courts. Essentially it REFLECTS the special dividend Announced That the companies on June 7, and Which Would Be Paid oz merger has closed.

Shareholders sued HAD shortly after NYSE Euronext company Announced That dirty to Planned ITS ITS German Counterpart in February.THEY complained That the takeover price was too low, and the company That Should Have courted Other Bidders.

According To the agreement, the exchange operators denied wrongdoing, and the Shareholders Settled to Avoid Delays and Uncertainties Continued from litigation credit score.

The combined company operate-in Would the United States and across Europe. Shareholders of Deutsche Boerse Would Own Roughly 60 percent.

NYSE Euronext Shareholders are scheduled to vote on the merger on July 7. Deutsche Boerse Shareholders Would Have Until July 13 to tender shares Their. IS A Expected closing by year end.

The boxes are In re: NYSE Euronext Shareholders Litigation, Delaware Chancery Court, No. CA6220, and In re: NYSE Euronext Shareholder Litigation, New York State Supreme Court, New York County, No.773000/2011.

(1 euro = $ 1,427)

(Reporting by Jonathan Spicer and Jonathan Stempel, editing by Bernard Orr)

NYSE, D. Boerse to pay dividends, end investor suits

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