Boosts dividend by 71%
Increases stake to 25.1%
Purchase takes Nasdaq through 24% threshold
Increases stake to 18.7%
Shareholders to receive £510 million
Nasdaq share purchase price doesn’t reflect LSE’s growth prospects, board argues
Move comes two weeks after Nasdaq formally dropped its bid for the British exchange
The Nasdaq Stock Market Inc. has withdrawn its US$4.2 billion takeover offer for the London Stock Exchange, without giving an explanation.Back on March 10, Nasdaq announced that it had submitted an indicative offer proposal to the LSE. Today, Nasdaq announced that it no longer intends to make an offer for the exchange. However, in its […]
AIM guidelines designed to increase information available to investors
Calls unsolicited US$4.2 billion bid too low