Nasdaq's offer for London Stock Exchange lapses
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LONDON  -- Nasdaq Stock Markets Inc.  suffered a resounding defeat in its 2.7 billion pound ( ($5.31 billion) bid for the London Stock Exchange  on Saturday, saying it had won just 0.41 pct of acceptances for its offer for Europe's largest share market.
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As Nasdaq's battle for the London Stock  Exchange  reaches a climax on Saturday with the deadline  for shareholders to accept, the LSE's share price suggests the  U.S. bourse may fail, analysts said.
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NYSE Euronext  and  Australia&#39;s ASX Ltd  may be interested in buying part  of Nasdaq Stock Market Inc&#39;s  31 percent stake in  London Stock Exchange Plc , a person familiar with the  matter said.
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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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Nasdaq Stock Market Inc.   Chief Executive Bob Greifeld on Wednesday stood by his decision  to pursue the London Stock Exchange , while archrival  NYSE Group  reaffirmed why it wants to take over  European stock exchange operator Euronext .
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The London Stock Exchange reiterates its opposition to the "inadequate" Â£2.7bn takeover bid from US exchange Nasdaq.
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The London Stock Exchange, which has rejected a Â£1.35bn takeover bid from Deutsche BÃ¶rse, will hold talks with the German exchange today to see if a &quot;significantly improved proposal&quot; can be agreed.
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A deadline for shareholders of the London Stock Exchange to back a hostile takeover of the LSE by US stock exchange operator Nasdaq was set to expire.
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LONDON -- The Nasdaq Stock Market Inc. failed for the second time in a year to win control of the London Stock Exchange PLC, revealing yesterday that its $5.3 billion hostile bid had been spurned by the British bourse's shareholders.
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Now that its second bid to acquire the London Stock Exchange has failed, Nasdaq will have to come up with a new international expansion strategy.
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Nasdaq Stock Market  is willing to extend its initial Friday deadline for receiving expressions of interest in its 31 percent stake in the London Stock Exchange , a person familiar with the matter said on Tuesday.
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LONDON - London Stock Exchange (LSE) rejected on Monday a nearly EUR 2.0 billion takeover bid by Frankfurt Stock Exchange company Deutsche Boerse, raising the prospects of a possible takeover battle for LSE.
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Nasdaq  launched its 2.7 billion  pound ($5.3 billion) hostile bid for the London Stock Exchange   on Tuesday, appealing directly to investors after being  spurned by Europe's biggest stock market.
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Nasdaq  may sell its stake in  the London Stock Exchange  to Borse Dubai and make a  joint bid with the Gulf exchange for Nordic exchange owner OMX  , The Daily Telegraph said on Monday.
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Singapore's Temasek  became the latest investor to lose interest in buying Nasdaq's  31 percent stake in the London Stock Exchange , sources familiar with the matter said on Thursday.
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A number of bidders approach US exchange Nasdaq to buy its stake in the London Stock Exchange, say reports.
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LONDON  -- Nasdaq Stock Markets Inc.   suffered a resounding defeat in its hostile bid for the London  Stock Exchange  on Saturday, winning just 0.41 pct of  acceptances for its offer for Europe's largest share market.