U.S. exchange ICE shelves plans for London bourse counter bid

By Noor Zainab Hussain and Richa Naidu LONDON/BENGALURU (Reuters) - The New York Stock Exchange's owner has shelved plans to make a counterbid for London Stock Exchange that could have derailed the British firm's planned merger with Deutsche Boerse. Intercontinental Exchange Inc's CEO Jeffrey Sprecher accused the LSE of failing to respond to the U.S. group's approaches despite several attempts to arrange meetings. LSE's shares fell as much 10 percent following ICE's announcement before recoverin