Nasdaq’s Attempt to Make a Hostile Bif for the NYSE Has ‘Hit a Road Block’: Report
March 03, 2011 at 12:06 PM EST
FBN’s Charlie Gasparino reports that NASDAQ is “facing difficulty” in their talks to make a hostile bid for the New York Stock Exchange as a result of “the breakup fee; which people say is 13 billion dollars.” Sources tell Gasparino people inside the New York Stock Exchange “are feeling pretty confident” and have “serious doubts [...]