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Acquistion Of Shares in London Stock Exchange Group Plc.

Publication: M2 Presswire
Publication Date: 20-NOV-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-20 November 2006-NASDAQ: Acquistion Of Shares in London Stock Exchange Group Plc(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:20112006

Following the announcement of final cash offers* (the "Final Offers") for London Stock Exchange Group plc ("LSE") made earlier today (the "Announcement"), Nightingale Acquisition Limited ("NAL"), a wholly owned subsidiary of The Nasdaq Stock Market, Inc. ("NASDAQ") announces that it has acquired 7,065,984 ordinary shares in LSE at a price of 1,243 pence per share. The total consideration paid for the stake represents GBP87.8 million (c.$166.4 million). This acquisition takes NASDAQ's total holding in LSE to 61,291,389 ordinary shares or 28.75 per cent. of the issued ordinary share capital of LSE.

* The Final Offers will not be revised except...

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