Borse Dubai Trumps Nasdaq’s OMX Bid
Borse Dubai, which owns both of the emirate’s stock exchanges, said Friday it made an unsolicited 27.7 billion kronor (230 kronor/share — $3.96 billion, $32.81/share) cash offer for Sweden’s OMX AB exchange, trumping a 202.3 kronor/share cash-and-stock bid it excepted from Nasdaq Stock Market Inc. in May by 14%.Sources: Nasdaq statement, Wall Street Journal, Bloomberg
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