The Frankfurt stock exchange on Monday removed a potential spanner in the works for its planned merger with the London Stock Exchange (LSE) by lowering the measure of support needed from its own shareholders for the deal to go ahead. Deutsche Boerse said that only 60 percent of shareholders must now agree to the deal to create one of the world's biggest stock exchanges, instead of the original "minimum acceptance threshold" of 75 percent. In addition, the deadline for Deutsche Boerse shareholders to swap their shares for new shares in the merged company had been extended from July 12 until July 26, the group said in a statement.
