Wachtell Lipton Rosen & Katz and Sullivan & Cromwell
advised the New York Stock Exchange (NYSE) on
its headline-grabbing acquisition of electronic trading system
Archipelago. When completed, the deal will
enable the NYSE to become a public company and might spell the
end of its 200-year old floor-based auction trading system.
O'Melveny & Myers also advised the NYSE with Sullivan &
Cromwell representing Archipelago.
Following closely the announcement of the NYSE-Archipelago
merger, the NYSE's main rival, Nasdaq, released details of