September 22, 2020

Nasdaq enters bid for NYSE

Nasdaq enters bid for NYSE
Nasdaq OMX Group Inc. and another U.S.-based market, the IntercontinentalExchange Inc., submitted a joint $ 11.3 billion bid Friday for NYSE Euronext, the parent company of the New York Stock Exchange. The offer, which was expected, raises the possibility of a bidding war for the NYSE with Deutsche Boerse. […] stocks are becoming a smaller part of the trading business. Just last year, after the …

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