http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid=2006-04-21T224448Z_01_N21274702_RTRUKOC_0_US-FINANCIAL-NASDAQ-EARNS.xmlNasdaq to meet with LSE, earnings rise
Fri Apr 21, 2006 5:26pm ET
Related News
By Megan Davies
NEW YORK (Reuters) - The Nasdaq Stock Market Inc.'s (NDAQ.O: Quote, Profile, Research) chief executive said on Thursday he plans to meet soon with his counterpart at the London Stock Exchange (LSE.L: Quote, Profile, Research), after recently becoming the LSE's largest shareholder.
Nasdaq dropped a $4.2 billion takeover bid for the LSE last month after being rebuffed by the exchange. On April 11, it said it bought a 14.99 percent stake in the LSE, raising speculation it may revive a takeover bid.
Nasdaq Chief Executive Robert Greifeld, speaking on a conference call to media and analysts, said on Thursday he expected to soon meet with his counterpart at the LSE, Chief Executive Clara Furse.
Greifeld didn't say what the discussions would involve.
"I do anticipate that Clara and I will have a meeting in the not too distant future and it is certainly our hope that that will be a productive meeting," Greifeld said.
Greifeld said he had spoken to Furse once on the telephone since buying the stake but would not comment on what was discussed.
More at link...
---------------------------------------
EDIT: COPYRIGHT - PLEASE POST ONLY 4 OR 5
PARAGRAPHS FROM THE COPYRIGHTED NEWS SOURCE
PER DU RULES.