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Nasdaq mulls NYSE takeover
Reuters
Last Updated IST

This is one option Nasdaq, is considering as a spate of deals shakes up an industry under intense cost pressure from new entrants such as BATS Global Markets.

Nasdaq’s alternatives include tying up with IntercontinentalExchange Inc or the Chicago Mercantile Exchange to wrest NYSE from its planned $10.2 billion takeover by Deutsche Boerse.

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(Published 23 February 2011, 20:44 IST)