NASDAQ obtains antitrust clearance for acquisition of U.S. Exchange Holdings and its three equity options exchanges
Client(s) NASDAQ, Inc.
Jones Day assisted NASDAQ, Inc. in securing antitrust clearance from the U.S. Department of Justice in its acquisition of U.S. Exchange Holdings, Inc. and its three equity options exchanges (ISE, ISE Gemini, and ISE Mercury) from Deutsche Börse Group in a cash, bank debt, and bond deal valued at $1.1 billion. The acquisition diversifies NASDAQ'S offering to serve the broadest range of equity options customer needs via unique market structures and pricing programs in addition to providing customers with greater functionality and data through the PrecISE trading platform.