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NEW YORK (AP) - Nasdaq Stock Market Inc. Chief Executive Robert Greifeld said Friday he is mindful that his company must expand overseas, but cautioned that deals won't be made in haste.
Greifeld's comments at the Nasdaq's annual investor meeting came days after market speculation began to surface that he would launch a hostile bid for the London Stock Exchange. The LSE rejected an initial $4.2 billion takeover offer in March, but now counts the Nasdaq as its biggest investor.
"I've said before that this will be a marathon, not a sprint," said Greifeld, not mentioning the LSE by name. "You will not see us make a move out of left or right field."
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