Monday, May 28, 2007

CORRECTED: OMX up on report of counterbid, analysts unsure

(Reuters) - Nasdaq's bid, worth $3.7 billion, pushed up OMX shares by about 12 percent after it was announced on Friday. It will create a firm with market capitalization of about $7 billion and extend Nasdaq's footprint into Europe for the first time.




But Britain's Sunday Times, without naming sources, said the government-owned Dubai International Financial Centre , had appointed HSBC to advise on a potential counterbid.


Read more at Reuters.com Hot Stocks News

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