Nasdaq's counterbid
NASDAQ OMX Group Inc is closer to making a counter-bid for NYSE Euronext, a source familiar with the situation said, a move that would challenge the Big Board's blockbuster deal with Deutsche Boerse by merging two of Wall Street's fiercest rivals.
Under the offer being contemplated, the Nasdaq stock market parent would finance the transaction with up to US$5 billion in debt and sell NYSE Euronext's Liffe derivatives business to IntercontinentalExchange Inc, the source said on Monday.
An offer could come as early as this week, the source said.
Under the offer being contemplated, the Nasdaq stock market parent would finance the transaction with up to US$5 billion in debt and sell NYSE Euronext's Liffe derivatives business to IntercontinentalExchange Inc, the source said on Monday.
An offer could come as early as this week, the source said.
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