Nasdaq hostile bid for LSE set to expire
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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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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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Nasdaq Stock Market Inc  has  given potential suitors until the end of the week to express  interest in its 31 percent stake in the London Stock Exchange  Group Plc  but has not yet received any offers, the Wall  Street Journal reported.
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Oracle Corp. extended its hostile bid for PeopleSoft Inc. for the 12th time, pushing the tender offer through Oct. 8.
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Oracle Corp.&#39;s hostile bid to acquire rival enterprise software maker PeopleSoft Inc. for $7.7 billion is set to continue for a bit longer.
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Oracle has extended the deadline for PeopleSoft investors to tender their shares in its hostile bid to acquire its business software rival--the 11th extension of the offer since Oracle launched the bid more than 15 months ago.
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NYSE Euronext  and Australia's ASX Ltd  may be interested in buying part of Nasdaq Stock Market Inc's 31 percent stake in London Stock Exchange Plc , a person familiar with the matter said on Monday.
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Restriction on sale of 39M shares to expire, but analysts expect supply will be quickly absorbed. SAN FRANCISCO  - Shares of Web search leader Google Inc.
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Nasdaq Stock Market Inc  has given potential suitors until the end of the week to express interest in its 31 percent stake in the London Stock Exchange Group Plc  but has not yet received any offers, the Wall Street Journal reported.
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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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The London Stock Exchange issued a bullish profit forecast and pledged a dividend hike on Tuesday as it urged shareholders to reject a 2.7-billion-pound ($5.27-billion) hostile bid from U.S. rival Nasdaq.
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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 London Stock Exchange (LSE) is facing a possible bidding war after receiving its second takeover approach in a week. Paris-based rival Euronext made an approach just a week after the LSE said it had knocked
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Nasdaq, the US firm which tried to buy the London Stock Exchange, offers to take over a Swedish rival for $3.7bn.
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The London Stock Exchange today said it had rejected a Â£1.35 billion takeover approach from German rival Deutsche Boerse. Shares in the LSE have risen 25 per cent in recent weeks as investors anticipated a possible takeover bid.
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US stock exchange operator Nasdaq has said that shareholders in the London Stock Exchange have until January 11 to accept its hostile takeover offer.
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The European financial market operator Euronext said it could not yet guarantee making a bid to take over the London Stock Exchange (LSE).