NEW YORK (Reuters) - The head of TMX Group Inc said on Friday a hostile bid could come "any day now," as a consortium of banks and pension funds prepares to take their approximately $3.7 billion offer for the Canadian exchange operator straight to its shareholders.
The counter-offer from the Maple Group consortium could disrupt TMX's planned friendly merger with London Stock Exchange Group Plc
TMX Chief Executive Tom Kloet was speaking at a conference hosted by Sandler O'Neill.
(Reporting by Jonathan Spicer, editing by Gerald E. McCormick)