Deals and IPOs

Nasdaq Shares Halted Amid M&A Speculation


Shares of the Nasdaq Stock Market were halted on Wednesday pending a news announcement.

A company spokeswoman was not immediately available for comment.

Shares of Nordic bourse operator OMX, target of a bidding war between Nasdaq and Borse Dubai, were also suspended on the Stockholm bourse earlier on Wednesday.

Further information on the suspension is expected on Thursday, the Stockholm exchange's issuer surveillance department said in a statement.