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Sunday, March 6, 2011

REFILE-London Stock Exchange considers Nasdaq takeover-paper

The London Stock Exchange is eyeing a takeover of its U.S. rival Nasdaq just weeks after announcing a merger with the Toronto stock exchange, the Sunday Times reported. Although the companies have not held talks about a three-way tie-up, LSE and its Canadian counterpart expect to make their move later this year following the closing of their own deal, the newspaper said without citing sources. A Nasdaq spokesman declined to comment.

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