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Fly News Breaks for March 11, 2016
NDAQ
Mar 11, 2016 | 08:12 EDT
After Nasdaq (NDAQ) agreed to buy International Securities Exchange from Deutsche Boerse for $1.1B, Wells Fargo says the increased scale achieved by Nasdaq should help it compete more effectively on price. The firm sees limited execution risk from the deal, but it believes that Deutsche Boerse has a limited growth profile. Wells keeps a Market Perform rating on Nasdaq.
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