We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Busting a gut

28 November 2006 By Nicole Lee

The exchange looks to have bust a gut to issue $775m in preference shares and a $1.75bn bridge loan. The borrowing costs escalate rapidly. But, if Nasdaq wanted to improve its hostile offer, it could probably issue ordinary shares. Their price has, after all, been rising.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)