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

By Noor Zainab Hussain and Richa Naidu LONDON/BENGALURU (Reuters) - The New York Stock Exchange's owner shelved plans on Wednesday to gatecrash a merger between London Stock Exchange Group Plc and its German counterpart, saying it no longer intended to stage a rival bid for the British bourse. Intercontinental Exchange Inc's CEO Jeffrey Sprecher accused the London exchange of failing to respond to the U.S. group's approaches despite several attempts to arrange meetings, meaning it did not have e