NASDAQ Private Market Acquires SecondMarket
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October 22, 2015 7:17 AM EDT
NASDAQ OMX Group (Nasdaq: NDAQ) announced that its subsidiary, The NASDAQ Private Market, LLC, has acquired SecondMarket Solutions, Inc., a recognized innovator in facilitating liquidity for private company securities. SecondMarket will be integrated into NASDAQ Private Market, serving customers worldwide with bicoastal headquarters in New York and San Francisco. Bill Siegel, CEO of SecondMarket, will lead the business. The combination establishes a leading provider for innovative and efficient solutions to deliver secondary liquidity and equity management services.
The combined management and... More
October 22, 2015 7:10 AM EDT
NASDAQ OMX Group (NASDAQ: NDAQ) declared a quarterly dividend of $0.25 per share, or $1 annualized.
The dividend will be payable on December 28, 2015, to stockholders of record on December 14, 2015, with an ex-dividend date of December 10, 2015.
The annual yield on the dividend is 1.8... More
