CNBC News Releases

BREAKING NEWS FROM CNBC’S SCOTT WAPNER: NYSE ACCELERATING EFFORTS TO TALK TO COMPANIES GOING PUBLIC - SOURCE

Jennifer Dauble
WATCH LIVE

ALL REFERENCES MUST BE SOURCED TO CNBC.

SCOTT WAPNER: SOME MORE COLOR ON EXACTLY WHAT IS GOING ON BEHIND THE SCENES AT THE FACEBOOK FALLOUT CONTINUES THIS FROM THE NEW YORK STOCK EXCHANGE ACCORDING TO A SOURCE AMID REPORTS THAT IT IS ACTIVELY TRYING TO LURE FACEBOOK AWAY FROM THE NASDAQ THAT SOURCE TELLING CNBC THAT THE EXCHANGE IS “ACCELERATING ITS EFFORTS” TO TALK TO COMPANIES WHO’VE RECENTLY FILED PLANS TO GO PUBLIC AND ARE EITHER ON THE FENCE ABOUT WHERE THEY’LL LIST, OR HAVE CHOSEN THE NASDAQ ALREADY AND MAY BE INCLINED TO RECONSIDER. AT THE SAME TIME, THE SOURCE SAYS THAT “NO OVERT PITCHES” HAVE BEEN MADE FROM SENIOR LEVELS OF THE COMPANY TO FACEBOOK ABOUT MOVING ITS LISTING BECAUSE IT WOULD BE “INAPPROPRIATE AT THIS TIME”. THE SOURCE ALSO TELLS CNBC THAT FACEBOOK ITSELF HAS NOT CONTACTED THE NYSE INQUIRING ABOUT A SWITCH. And, EARLIER TODAY – A SOURCE TOLD CNBC THAT NASDAQ OFFICIALS ARE “CONCERNED” ABOUT THE LASTING IMPACT OF THE PROBLEMS SURROUNDING THE FACEBOOK IPO – AND OF THE POSSIBILITY OF LOSING FACEBOOK OUTRIGHT TO ITS RIVAL. SO GUYS I GUESS YOU TAKE FROM THIS THAT THE NYSE MAY NOT BE CONTACTING FACEBOOK DIRECTLY BUT ITS TARGETING EVERYBODY ELSE.

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