NDAQ » Topics » Gain on Sale of Strategic Initiative

These excerpts taken from the NDAQ 10-K filed Feb 27, 2009.

Gain on Sale of Strategic Initiative

 

The pre-tax gain on the sale of our strategic initiative was $431.4 million in 2007. The gain represents the sale of our share capital of the LSE and is net of costs directly related to the sale of $18.0 million, primarily broker fees. See Note 7, “Financial Investments, at Fair Value,” to the consolidated financial statements for further discussion.

 

Gain on Sale of Strategic Initiative

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The pre-tax gain on the sale of our strategic initiative was $431.4 million in 2007. The gain represents the sale of our
share capital of the LSE and is net of costs directly related to the sale of $18.0 million, primarily broker fees. See Note 7, “Financial Investments, at Fair Value,” to the consolidated financial statements for further discussion.

 

This excerpt taken from the NDAQ 10-Q filed Nov 7, 2008.

Gain on Sale of Strategic Initiative

The pre-tax gain on the sale of our strategic initiative was $431.4 million for both the third quarter and first nine months of 2007. The gain represents the sale of our share capital of the LSE and is net of costs directly related to the sale of $18.0 million, primarily broker fees. See Note 6, “Financial Investments, at Fair Value,” to the condensed consolidated financial statements for further discussion.

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