Here is the news release below. I would rather see the TSX go with the LSE rather than let our banks get control of it. I am thinking of that as a balance of power, it may give the banks too much and history has shown us that that may not be a good thing. In SLI,s position, I would favour the LSE merger because it would most likely open the door for more retail investors from Europe to easily take up a position. Also, you would think that exposure to a combined exchange would give a little more awarness to overseas funds of SLI.
http://www.telbec.com/en/releases/archive/May2011/20/c6651.html