His likely successor at NYSE Euronext (nyse: NYX - news - people ), Duncan Niederauer, is a fellow Goldman alum who has expressed disdain for floor brokers--another sign the ever-shrinking auction floor of the Big Board is giving way to NYSE's electronic systems.

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The results of the first auction were also welcomed by the foundation's chairman of the board, Michael Straus.

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One law firm has already opened an investigation as to whether the Weiss family and the Board of Directors of AM are breaching their fiduciary duties by not engaging in a full and fair independent auction to ensure that shareholders will receive the highest price possible for their shares.

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