Nasdaq was in talks with Carlyle to go private - source

NEW YORK (Reuters) - Nasdaq OMX Group(NDAQ.O) was recently in talks with private equity firm Carlyle Group to take the transatlantic exchange operator private, but the talks broke down due to price disagreements, according to a person familiar with the matter.

Carlyle initiated the discussions and was in early stages of due diligence, when disagreements emerged, bringing the talks to an end, a source familiar with the matter told Reuters on Monday.

The talks, first reported by Fox Business Network, were held about three weeks ago.

Nasdaq spokesman Joseph Christinat said the company does not comment on market rumors or speculation. A spokesman for Carlyle declined to comment.

Shares of Nasdaq were up 3.4 percent at $30.47 early on Monday afternoon.

(Reporting By John McCrank and Gregory Roumeliotis)


Updated Date: Feb 12, 2013 00:45 AM

Also Watch

IPL 2018: Royal Challengers Bangalore eye revival against Chennai Super Kings as 'Cauvery Derby' comes back to life
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Tuesday, April 24, 2018 It's A Wrap: Beyond the Clouds stars Ishaan Khatter, Malavika Mohanan in conversation with Parul Sharma
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See