Nasdaq to buy financial software company Adenza in $10.5 billion cash-and-stock deal

Nasdaq to buy financial software company Adenza in $10.5 billion cash-and-stock deal

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Nasdaq is buying Adenza, a company that makes software used on Wall Street, for $10.5 billion in cash and stock. The acquisition from owner Thoma Bravo, an investment company, includes $5.75 billion in cash and 85.6 million shares of Nasdaq common stock. Nasdaq CEO Adena Friedman has been pushing…

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