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Flabbergasted Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-21-06 09:17 PM
Original message
Does anyone else find this really interesting?
Edited on Sat Apr-22-06 02:02 PM by newyawker99
http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid=2006-04-21T224448Z_01_N21274702_RTRUKOC_0_US-FINANCIAL-NASDAQ-EARNS.xml

Nasdaq 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...

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bananas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-21-06 10:59 PM
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1. It never occurred to me that one stock exchange could buy another one
but I guess it makes sense.
I wonder if Britain will get upset the way Americans did over Dubai?
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