Monday, June 25, 2007

LSE confident of shareholder support for Italy deal

(Reuters) - LSE shares fell as much as 8 percent in early trade, amid concerns its biggest shareholder, U.S. rival Nasdaq , might oppose the all-share deal, or might abandon its interest in a bid for the LSE and sell its 30 percent stake.




Some analysts also said the LSE was paying a high price to strengthen its position as Europe's biggest stock market.


Read more at Reuters.com Business News

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