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To: SE Mom
Fred just said something to the effect that Nasdaq would own 30 % of the Dubai company. I too am a little lost on that one.
403 posted on 10/09/2007 1:38:44 PM PDT by rodguy911 (Support The New media, Ticket the Drive-bys, --America-The land of the Free because of the Brave-)
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To: rodguy911

Isn’t that company owned by the UAE government?


426 posted on 10/09/2007 1:40:22 PM PDT by jmyrlefuller (The Associated Press: The most dangerous news organization in America.[TM])
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To: rodguy911
Fred just said something to the effect that Nasdaq would own 30 % of the Dubai company. I too am a little lost on that one.

The agreement isn't a direct purchase agreement. The NASDAQ would pick up a 30% ownership of Dubai International in exchange for a 20% ownership by Dubai International of the NASDAQ.

450 posted on 10/09/2007 1:42:06 PM PDT by mnehring ("Ron Paul and his flaming antiwar spam monkeys can Kiss my Ass!!"- Jim Robinson, Sept, 30, 2007)
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