Nasdaq to Buy Financial-Software Firm Adenza

Nasdaq to Buy Financial-Software Firm Adenza

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Nasdaq CEO Adena Friedman has been working to transform Nasdaq into a more tech-centric company with steadier revenue. Nasdaq has agreed to acquire Adenza , a maker of software used by banks and brokerages, in a $10.5 billion cash-and-stock deal, the companies said.

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