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Deals comment: Cahill becomes player in LSE takeover sage.
(From The Lawyer)
The London Stock Exchange (LSE) saga continues with the US's Cahill Gordon & Reindel the latest firm to be brought into one of the most drawn-out takeover bids of recent times. Nasdaq recently acquired a $782m (GBP437.4m) stake in the LSE through a wholly owned UK subsidiary called Nightingale Acquisition. The purchase was funded by a new $1.92bn (GBP1.07bn) credit facility from the Bank of America. Cahill landed an instruction from the investment ...
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