A New Jewel in Nasdaq's Crown

It failed to bag the London bourse, but Nasdaq has now scored big with its acquisition of tech-strong Stockholm-based OMX

The Nasdaq stock exchange, itching for an overseas acquisition, watched in frustration as its bid to take over the London Stock Exchange went down in flames in February. Worse, little more than a month later, archrival the New York Stock Exchange (NYX) sealed its own $12 billion trans-Atlantic merger with Paris- and Amsterdam-based Euronext.

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