Nasdaq (NDAQ) Mulling Rival Bid for NYSE Euronext (NYX)
Tweet
Share
E-mailGet Alerts NDAQ Hot Sheet
Price: $94.55 -0.93%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
EPS Growth %: +17.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
EPS Growth %: +17.0%
Join SI Premium – FREE
Nasdaq OMX Group Inc. (NASDAQ: NDAQ) is contemplating a bid for NYSE Euronext to avoid being left out in the cold, according to a report on Wednesday citing a source familiar with the matter, as traditional exchanges are looking to merge in an attempt to circumvent electronic upstarts.
Nasdaq's options include partnering with IntercontinentalExchange Inc. (NYSE: ICE) or the Chicago Mercantile Exchange (NASDAQ: CME) to pull away NYSE from its $10.2 billion takeover deal by Deutsche Boerse.
Shares of Nasdaq are down 23 cents to $27.77 in premarket trade on Wednesday, while shares of NYSE are up 21 cents to $36.87.
Nasdaq's options include partnering with IntercontinentalExchange Inc. (NYSE: ICE) or the Chicago Mercantile Exchange (NASDAQ: CME) to pull away NYSE from its $10.2 billion takeover deal by Deutsche Boerse.
Shares of Nasdaq are down 23 cents to $27.77 in premarket trade on Wednesday, while shares of NYSE are up 21 cents to $36.87.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UBS Mulls Merger With Foreign Bank - Semafor
- Goldman Made Over $200M From Loans To Situational Awareness - FT
- Godaddy Gets Takeover Offer From Gen Digital - FT
Create E-mail Alert Related Categories
Insiders' Blog, RumorsRelated Entities
NYSE Euronext and Deutsche Boerse MergerSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
