Nasdaq closes acquisition of OMERS-backed Marketwired
Nasdaq (Nasdaq: NDAQ) has closed its acquisition of Marketwired LP, a Canadian provider of news distribution services and analytics for communications professionals. No financial terms were disclosed for the previously announced deal; however, an earlier report said it could value Marketwired for as much as US$200 million. The transaction provides an exit to OMERS Private Equity, which has backed the company since 2006. It also provides an exit to Manulife Capital, which was a minority investor in Marketwired over the same period.
25 February 2016•2 mins read
