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. Last Updated: 07/27/2016

Merger Talks Continue

LONDON -- The drawn-out merger talks between the London Stock Exchange and the Deutsche Boerse are set to drag into next week amid continued debate over ownership, industry sources said Thursday.

An announcement is expected by Wednesday at the latest, just before the Frankfurt exchange's shareholder meeting May 4.

Other sources said the combined Deutsche Boerse-LSE will probably merge with Nasdaq "in the long distance." The Nasdaq has already taken part in the merger discussions.