Investing

Nasdaq (NDAQ): The Gang That Couldn't Shot Straight?

Nasdaq (NDAQ) did not have much success buying the London Stock Exchange, so it settled for picking up Nordic stock market group OMX. The price tag was about $3.7 billion.

But, according to the Telegraph, the The Dubai International Financial Centre is preparing a bid which is about 20%. OMX shares have been trading slightly above the NDAQ offer, perhaps in anticipation of a counter bid.

NDAQ shareholders have not been enthusiastic about the exchanges prospects. Until a recent run, the stock was up only a little over 10% over the last year, running behind shares in NYSE Euronext (NYX).

Another embarrassment is hardly what Nasdaq needs now.

Douglas A. McIntyre

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

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Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

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