Nasdaq OMX Group Corporation plans in a few days to produce its comp plan for businesses that lost profit the bungled Facebook dpo, the FOX Business funnel reported on Friday.
The offer being talked about is going to be all cash, and certain a lot more than the $40 million initially suggested, though nothing have been completed, the report stated, stating sources.
Nasdaq is dealing with the U.S. Investments and Exchange Commission on the second draft from the proposal, based on the report.
One source told the network the brand new proposal might be as high $100 million, all cash.
Nasdaq had suggested a $40 million pool, comprised of $13.7 million in cash, using the relaxation in buying and selling credits. The program came critique from market makers who lost an believed $200 million around the IPO, by other trades, which stated the buying and selling credits would pressure nokia's to trade on Nasdaq.
Nasdaq rejected to discuss the report.
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