Nasdaq OMX Pays $750M For Treasury Trading Platform
Under the deal, Nasdaq OMX will acquire eSpeed for $750 million in cash and issue $484 million in Nasdaq OMX common stock over 15 years, BGC said in a statement.
In a separate statement, Nasdaq OMX said the transaction will be accretive within 12 months and meets its criteria for return on investment.
The company is funding the...
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