NEW YORK, June 22, 2021 (World NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) declared currently that all required regulatory and self-regulatory approvals have been obtained for the formerly introduced sale of its U.S. fastened earnings business, Nasdaq Preset Earnings (NFI), to Tradeweb Marketplaces Inc. (Nasdaq: TW), a primary world wide operator of electronic marketplaces for rates, credit rating, equities and revenue marketplaces.
Nasdaq expects the closing of the proposed NFI transaction to occur on or all-around June 25, 2021.
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CAUTIONARY Be aware With regards to Ahead-Hunting STATEMENTS
This interaction consists of ahead-wanting info associated to Nasdaq and the proposed sale of the Nasdaq Set Income small business by Nasdaq to an affiliate of Tradeweb Markets, which transaction includes considerable challenges, uncertainties and assumptions that could trigger true outcomes to differ materially from those expressed or implied by this sort of statements. When utilized in this communication, words and phrases this sort of as “will”, “enable”, “intends”, “expected” and identical expressions and any other statements that are not historic details are supposed to recognize ahead-searching statements. Forward-searching statements in this interaction incorporate, between other matters, statements about the predicted timing of closing of the proposed transaction. Pitfalls and uncertainties include, amid other items, risks linked to the means of Nasdaq to consummate the proposed transaction on a well timed foundation or at all the means to notice the expected added benefits of the proposed transaction, including the probability that the expected advantages from the proposed transaction will not be understood or will not be understood in just the predicted time interval disruption from the transaction earning it extra tricky to retain company and operational relationships risks connected to diverting management’s interest from Nasdaq’s ongoing enterprise functions the negative outcomes of the announcement or the consummation of the proposed transaction on the current market selling price of Nasdaq’s frequent stock or on Nasdaq’s working final results important transaction prices unidentified liabilities the threat of litigation or regulatory actions similar to the proposed transaction long run degrees of Nasdaq’s indebtedness, together with extra indebtedness that might be incurred in link with the proposed transaction and the effect of the announcement or pendency of the transaction on Nasdaq’s small business relationships, operating success, and organization frequently.
Further more facts on these and other risks and uncertainties relating to Nasdaq can be identified in its reviews filed on Varieties 10-K, 10-Q and 8-K and in other filings Nasdaq makes with the SEC from time to time and out there at www.sec.gov. These paperwork are also available below the Investor Relations area of Nasdaq’s website at http://ir.nasdaq.com/trader-relations. The ahead-hunting statements integrated in this interaction are created only as of the day hereof. Nasdaq disclaims any obligation to update these ahead-wanting statements, besides as required by law.
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