CME CME Group Inc

Nasdaq OMX Group Inc. (NDAQ) is "facing difficulty" in its bid to make a hostile offer for the New York Stock Exchange parent NYSE Euronext (NYX) as the breakup fee for the deal with Frankfurt's Deutsche Boerse AG (DB1.XE) is too high, Fox Business Network's Charles Gasparino reported Thursday.

"Fox Business Network has learned the bid to break it up has hit a roadblock. They are facing difficulty over the breakup fee; which people say is $13 billion," Gasparino said. "In order to break it up they thought initially they would have to come up with $11 billion."

Gasparino cited sources as saying that people within the NYSE have "serious doubts" Nasdaq will be able to break the deal up.

He added that an announcement on which way the discussions are going will be made in the next few days.

Website: http://www.foxbusiness.com

-Dow Jones Newswires; 212-416-2900