Nasdaq, Foiled on LSE Purchase, Will Acquire Sweden's OMX for $3.7 Billion

(Bloomberg) -- Nasdaq Stock Market Inc. agreed to buy
Sweden's OMX AB for 25.1 billion kronor ($3.7 billion) after
failed attempts to acquire London Stock Exchange Plc left the
U.S. company behind in the race to expand into Europe.

Nasdaq offered 208.1 kronor for each share in Stockholm-
based OMX, the companies said in statement today. Nasdaq will pay
with 0.502 new share and 94.3 kronor in cash for each share in
OMX, Europe's fifth-largest stock exchange.


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