Financial Services Industry
Industry: Email Alert RSS FeedAt the Bell; Nasdaq to acquire Instinet Group.(Late News)
Investment News, April, 2005
The Nasdaq Stock Market Inc. said Friday that it had entered into a definitive agreement to acquire Instinet Group Inc. Both are based in New York. In addition, Nasdaq said that it had concurrently entered into a definitive agreement to sell Instinet's institutional-broker division to Silver Lake Partners of Menlo Park, Calif., and New York.
AIG moves to tighten corporate governance American International Group Inc. on Thursday announced several steps to improve its corporate governance in light of revelations about its accounting irregularities. The board of the New York-based insurer has formed a regulatory, compliance and legal committee, as well as a public-policy and social-responsibility committee, according to a statement issued...
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