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New York Stock Exchange is being sold for $8 billion

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Posted: Thursday, December 20, 2012 11:45 pm

NEW YORK (AP) — The Big Board just isn’t so big anymore.

In a deal that highlights the dwindling stature of what was once a centerpiece of capitalism, the New York Stock Exchange is being sold to a little-known rival for $8 billion — $3 billion less than it would have fetched in a proposed takeover just last year.

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