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NEW YORK (AP) - With two of its rivals set to combine into the world's first trans-Atlantic securities market, Nasdaq Stock Market Inc. Chief Executive Bob Greifeld is expected to come under increasing pressure to pursue his own transformative deal.
It's not that he hasn't been trying — last month, Greifeld must have been dreaming that he would be the man to stand on a stage in Britain to introduce the creation of the world's largest stock exchange. But, the Nasdaq's offer to buy the venerable London Stock Exchange was soundly rejected.
That moment in time instead went to NYSE Group Inc. CEO John Thain on Friday. He was the one who mounted the dais at the 19th-century Paris Bourse to unveil the $9.96 billion deal to acquire Europe's second-largest exchange — Euronext NV.
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