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Skadden, Wachtell Advise on $1.2 Billion NASDAQ Trading Platform Deal
Nasdaq OMX Group said Monday it has agreed to pay as much as $1.23 billion to acquire eSpeed, an electronic trading platform that deals in U.S. Treasuries, from BGC Partners. Nasdaq is being advised on the transaction by Skadden, Arps, Slate, Meagher & Flom, while BGC has turned to Wachtell, Lipton, Rosen & Katz.It's been an eventful couple of weeks for plaintiffs lawyers at Robbins Geller Rudman & Dowd who are targeting Morgan Stanley and the three big ratings companies in a pair of coordinated suits in New York.
Cite as: In re Merrill Lynch Auction, 09 MD 2030 (LAP), NYLJ 1202489005791, at *1 (SDNY, Decided March 29, 2011)District Judge Loretta A. Preskap class="de
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