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Nasdaq + PHLX, again?

The Wall Street Journal is saying that the Nasdaq Stock Market Inc. at the moment is the "exclusive" potential buyer of the Philadelphia Stock Exchange, quoting people "familiar with the matter." A PHLX spokeswoman said no comment. The PHLX is run by Meyer "Sandy" Frucher. The WSJ notes a deal is uncertain and hinges, in part, on whether the PHLX wants to stay in Philly. But just remember, the PHLX has been for sale before. And before that.

- Thomas Ginsberg

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Posted by phillyinc on November 1, 2007 12:13 PM |

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