Nasdaq revises 2020 expense guidance
Nasdaq expects 2020 non-GAAP operating expenses to exceed the high end of its prior 2020 guidance range by approximately $45 million.
Nasdaq expects 2020 non-GAAP operating expenses to exceed the high end of its prior 2020 guidance range by approximately $45 million.
Nasdaq expects to use the net proceeds from the offering to fund the cash consideration for the acquisition of Verafin.
Nasdaq expects to use the proceeds from the notes offering to fund the pending acquisition of Verafin Holdings.
The amended agreement provides that Nasdaq may borrow revolving loans for the purpose of financing the acquisition of Verafin.
Nasdaq has filed a proposal with the SEC to adopt new listing rules related to board diversity and disclosure.
Nasdaq has entered into a definitive agreement to acquire anti-financial crime management solutions provider Verafin for $2.75 billion in cash.
Nasdaq pursues recovery of assets from the defaulted member which will be allocated back to default fund participants.
New Nasdaq CFO Ann Dennison will see her target bonus opportunity increase from 100% to 136% of her annual base salary.
Michael Ptasznik has decided to retire from his position as Nasdaq’s Chief Financial Officer.
The new agreement replaces Mr Peterson’s existing employment agreement with Nasdaq, which was due to expire on July 31, 2021.