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Sen. Chuck Schumer said he’ll support the purchase of the Big Board by Germany’s Deutsche Boerse — as long as the merged company’s name has “New York Stock Exchange” at the beginning.

“It is totally logical to keep the NYSE name first,” Schumer (D-NY) said in a statement yesterday.

If the Germans refuse, Schumer added it “could be an indication that they are trying to wield an upper hand in the new company and would seek to make other business decisions that could go against New York. The name is an important bellwether of whether this deal is regarded as a merger of equals.”

Deutsche Boerse tried twice before to buy the NYSE but negotiations collapsed, reportedly over issues like where the new company would be headquartered.

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