Nasdaq shares are trading lower after the company announced the acquisition of Adenza for $10.5 billion in cash and stock.
Portfolio Pulse from Benzinga Newsdesk
Nasdaq announced the acquisition of Adenza for $10.5 billion in cash and stock, causing its shares to trade lower.
June 12, 2023 | 11:02 am
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Nasdaq's acquisition of Adenza for $10.5 billion has led to a decline in its share price.
Nasdaq's acquisition of Adenza for $10.5 billion is a significant event for the company. The market's reaction to the news has led to a decline in Nasdaq's share price, indicating that investors may be concerned about the cost of the acquisition or its potential impact on the company's financials.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100