Nasdaq's IR services conflicts in the spotlight
By Dominic Jones SIX weeks ago, I said Nasdaq should be forced to sell its press release and website hosting subsidiaries because they create an unacceptable conflict of interest between the exchange’s business interests and its role as a regulator. You can see my original comments in Nasdaq should get out of press release, website [...]
Another newswire sold! Sixth deal this year.
IN THE sixth newswire deal this year, Canada’s second largest news release distributor CCNMatthews is being acquired by the private equity arm of Canadian pension fund OMERS. The cash deal, terms of which were not disclosed, will also see Manulife Capital, the private equity group of insurer Manulife Financial, take a minority stake. CCNMatthews, which [...]
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