Stock Exchange

Nasdaq shareholders back stance on LSE

Two of the biggest shareholders in Nasdaq, which was soundly trounced in its hostile £12.43 per share bid for the London Stock Exchange , issued strong statements of support for its chief executive – and his firm refusal to increase the offer.

Patrick Healy, managing director at Hellman & Friedman, and a member of Nasdaq’s board, said: “We support Nasdaq’s price discipline.”