AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Chicago-based equity firm buys Amex for $110 million.(Chicago Tribune)
Byline: Mark Skertic
CHICAGO _ The American Stock Exchange, one of the oldest names in the financial markets, is being purchased by GTCR Golder Rauner LLC, a private Chicago equity firm.
The National Association of Securities Dealers, Amex's parent, said Monday that GTCR will pay $110 million for the exchange. Rather than pocket the money, the association will use the proceeds to finish the infrastructure and operations upgrades it committed to when it purchased the Amex in 1998.
The exchange was never a huge moneymaker for the NASD, but GTCR believes the exchange can be profitable.
"Long term, the securities industry is a growth industry …
-
- New York and Amex exchange.(Brief Article)
-
Magazine article from: Business Courier Serving Cincinnati - Northern Kentucky
O'sullivan, DECLAN
September 8, 2000
700+ words
-
- New York Exchange Begins Trading Exchange-Traded Funds.
-
News wire article from: The Denver Post (Denver, CO)
August 1, 2001
700+ words
-
- Bodisen Biotech Inc - Disclosure re New York Global.
-
News wire article from: Europe Intelligence Wire
January 8, 2007
700+ words
-
- O and M NY tries to find the right route. (Ogilvy and Mather New York) (The...
-
Magazine article from: Campaign
Hatfield, Stefano
June 21, 1991
700+ words
-
- World: BBH New York hires first American chairman.(Steve Harty)
-
Magazine article from: Campaign
September 16, 2005
700+ words
