Showing posts with label New York Stock Exchange. Show all posts
Showing posts with label New York Stock Exchange. Show all posts

Monday, November 20, 2006

LONDON STOCK EXCHANGE REJECTS NASDAQ OFFER

Nasdaq Stock Market Inc. made a $5.1 billion offer for the London Stock Exchange, but the offer was quickly rejected as inadequate. Nasdaq has accumulated 28.5% of shares of the LSE. Nasdaq and NYSE Group are locked in a race to create the first trans-Atlantic exchange.

Reuters