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This excerpt taken from the NDAQ 8-K filed Feb 20, 2008. PHLX acquisition As a part of the Transactions, we have also entered into a definitive agreement to acquire PHLX for $652.0 million in cash. PHLX is the third largest options market in the U.S. Consummation of the PHLX acquisition is subject to customary closing conditions and approvals. The acquisition of PHLX is expected to close in the first half of 2008. |
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