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Nasdaq to spin out marketplace for shares of private companies with group of banks: WSJ

Nasdaq to spin out marketplace for shares of private companies with group of banks: WSJ

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Nasdaq Inc. is teaming up with a group of banks to spin out its marketplace for shares of private companies, in a move that could help drive more deals to Nasdaq Private Market,the Wall Street Journal reported Tuesday. The banking group includes Goldman Sachs Group Inc. and Morgan Stanley , as well as SVB Financial Group , parent of Silicon Valley Bank, the paper reported.

...read full article on Market Watch

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