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This excerpt taken from the NDAQ 10-K filed Feb 28, 2007. 23. Subsequent Event
Reorganization of Insurance Business
In January 2007 we announced the merger and re-branding of our insurance business (Carpenter Moore and the Nasdaq Insurance Agency) to Carpenter Moore, a Nasdaq Company. The merger and re-branding will not have a material effect on our consolidated financial position or results of operations.
F-70
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