Plea to shareholders after LSE bid rejected

The Nasdaq bid to takeover the London Stock Exchange (LSE) turned hostile tonight after its £2.7bn (€4bn) bid was rejected.

Plea to shareholders after LSE bid rejected
Mon, 20 Nov, 2006 - 17:28

The Nasdaq bid to takeover the London Stock Exchange (LSE) turned hostile tonight after its £2.7bn (€4bn) bid was rejected.

The New York bourse said it will go straight to LSE shareholders with its "final" 1243p-a-share offer after it was turned down by the LSE board.

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