Lse Hits at Nasdaq Over 'Inconsistent' Claims

Evening Standard - London › February 05, 2007

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Summary

THE London Stock Exchange today accused hostile Pounds 2.7 billion bidder Nasdaq of being inconsistent in its claims ofwhat could happen if it loses the bid, which closes at the end of this week.

Nasdaq, which has a 28.7% stake in the LSE and is bidding 1243p a share for the rest, has threatened to sell its holding or hang on to it for a while but at the same time suggested it could team up with Project Turquoise, a planned share-trading platform being set up by seven investment banks.

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Lse Hits at Nasdaq Over 'Inconsistent' Claims

LSE chairman Chris Gib...

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