Wednesday, December 15, 2004

NY Post Report: Nasdaq in Talks to Buy ArcaEx

Today New York Post author, Paul Tharp reports that the Nasdaq, who recently filed a registration for an IPO, is in talks to acquire Archipelago. Here's the story:

Here's the excerpt: ". . .
Wall Street sources said the Nasdaq is in talks to acquire a competing all-electronic exchange, the Archipelago Exchange (ArcaEx) of Chicago, which had no comment on the reports. Acquiring Archipelago would give the Nasdaq broader market share and boost its value, sources said."


Post a Comment

<< Home

Free Web Counters