On April 22, 2005, NASDAQ announced that it entered into a definitive agreement to acquire Instinet Group Incorporated and that it has concurrently entered into a definitive agreement to sell Instinet's Institutional Broker division to Silver Lake Partners. As a result of these transactions, NASDAQ will own INET ECN.
This page contains the latest news and background materials regarding this transaction.
Archived Webcast of NASDAQ President and CEO Robert Greifeld's opening remarks during the NASDAQ/Instinet press conference, April 22, 2005. Windows Media Player: 300K