Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Tuesday, November 6, 2007

Nasdaq Expected to Purchase Philadelphia Exchange

Nasdaq is expected to purchase the Philadelphia Stock Exchange, the oldest U.S. exchange, for over $600 million in cash, a deal it has been negotiating off and on for several months.  The deal would allow Nasdaq to expand into the stock options business, of which the Philadelphia Exchange has about a 14% market share.  WSJ, Nasdaq Close to Buying Phil-Ex.

http://lawprofessors.typepad.com/securities/2007/11/nasdaq-expected.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e54f8f7fdf8834

Listed below are links to weblogs that reference Nasdaq Expected to Purchase Philadelphia Exchange:

Comments

Post a comment