Summary
NASDAQ today poured scorn on the London Stock Exchange's initial defence of its Pounds 2.7 billion hostile takeover bid, and tried to spike chief executive Clara Furse's guns by deriding its forthcoming results.
It accused the exchange of " milking" its customers, and threatened it could sell its 29% stake. It also claimed there is growing dissatisfaction among the London exchange's customers, most of whom were among its original shareholders.See the full content of this document
Extract
Nasdaq Scorns Lse Takeover Defence
In a letter to LSE investors, Nasdaq told them they should "not be misled by a simple emphasis on volume growth without ...
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