LSE urges shareholders to reject Nasdaq's hostile bid
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The London Stock Exchange has described a hostile takeover bid by US stock exchange operator Nasdaq as &quot;wholly inadequate&quot; and called on its shareholders to reject the offer worth 2.9 billion pounds.
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The London Stock Exchange  forecast a big rise in third-quarter earnings and pledged to raise its full-year dividend at least 50 percent on Tuesday as it reiterated its opposition to a 2.7-billion-pound ($5.3 billion) bid from U.S. rival Nasdaq .
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The board of Gold Fields Ltd. urged its shareholders Wednesday to reject an $8.1 billion hostile takeover bid by its smaller South African gold producing rival, Harmony Gold Mining Co.
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The London Stock Exchange PLC issued a strong profit forecast and promised a higher dividend Tuesday as it urged shareholders to reject a hostile takeover bid by the Nasdaq Stock Market Inc.
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The US stock exchange operator Nasdaq failed to win control of the London Stock Exchange after LSE shareholders decided overwhelmingly against backing a hostile takeover worth 2.9 billion pounds (4.4 billion euros, 5.5 billion dollars).
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US stock exchange operator Nasdaq has formally launched a 2.9 billion-pound hostile takeover bid for the London Stock Exchange, setting shareholders a deadline of January 11 to accept the offer.
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The London Stock Exchange  reiterated its opposition to a hostile bid from Nasdaq Stock Market Inc  on Monday, noting that valuations of trading exchanges had risen since its U.S. rival launched its bid.
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Two Deutsche Boerse shareholders, a British and an American fund, expressed their opposition to the plans of the German stock exchange operator to buy the rival London Stock Exchange.
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The London Stock Exchange, the largest in Europe, quickly rejected NasdaqÂs $5 billion cash offer.
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AlcatelÂ shareholders have been urged by a French advisory group to reject theÂ proposed merger with Lucent Technologies, citing unfavorable financial and corporate governance terms.
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Troubled British Energy seeks to delist from the stock market as it fights opposition to its restructuring plan by rebel shareholders.
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The London Stock Exchange has described a hostile takeover bid by US stock exchange operator Nasdaq as &quot;wholly inadequate&quot; and called on its shareholders to reject the offer worth 2.9 billion pounds (4.3 billion euros, 5.5 billion dollars).
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London Stock Exchange Group Plc forecast a big rise in third-quarter earnings and pledged to raise its full-year dividend at least 50 percent as it reiterated its opposition to a 2.7 billion pound ($5.3 billion) hostile bid from U.S. rival Nasdaq .
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Deutsche Boerse has made a Â£1.3 billion ($2.49 billion) approach for the London Stock Exchange, and the LSE&#39;s rejection of it on Monday left observers doubting a much better offer would emerge.
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Germany&#39;s Deutsche Boerse said Thursday it has declined to bid for a 31-percent stake in the London Stock Exchange being sold by the US high-tech market Nasdaq.
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LONDON -- Nasdaq launched a $5.3 billion hostile bid for the London Stock Exchange yesterday. It needs just a fifth of the London exchange's shareholders to say yes before it can take control.
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The London Stock Exchange opened the door to a bidding war for the 300-year-old market after it rejected a proposed Â£1.35bn (â¬1.9bn) offer from Deutsche BÃ¶rse, its German rival.