RENEE MONTAGNE, host: In today's business report, NASDAQ wants to buy the London Stock Exchange.</s>RENEE MONTAGNE, host: The second largest stock market in the U.S. has launched a $5 billion hostile takeover bid for the biggest stock market in Europe. NASDAQ has already been spurned once by the London Stock Exchange. Now it's going straight to the shareholders.</s>RENEE MONTAGNE, host: If NASDAQ's bid is successful, the merged market would rival the New York Stock Exchange, which is pursuing a deal with the Paris-based Euronext stock exchange.
The second-largest stock market in the U.S. has launched a $5 billion hostile bid for the biggest stock market in Europe. Nasdaq has already been spurned once by the London Stock Exchange. Now it's going straight to shareholders.