NEW YORK — Two electronic stock-exchange companies are in advanced talks on a merger that would create the second-biggest stock market operator in the U.S., according to a report.
BATS Global Markets and Direct Edge Holdings could announce a combination within days, the Wall Street Journal said Friday, citing unidentified people familiar with the matter.
A merger of BATS and Direct Edge would create the No. 2 U.S. operator, behind New York Stock Exchange owner NYSE Euronext Inc. and ahead of Nasdaq OMX Group Inc., the Journal said, accounting for 20 percent of the market.
The Andersons will pay dividend on Oct. 22
The Andersons Inc. announced a quarterly cash dividend of 16 cents per share, payable Oct. 22 to shareholders of record on Oct. 1.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.