Mergers and Acquisitions

Nasdaq, Inc. in connection with the sale of its Public Relations Solutions and Digital Media Services Businesses to West Corporation for approximately US$335 million

Nasdaq, Inc.
Key Contact
Niko Veilleux

Partner, Corporate, Montréal

Team
Mark Brender

Partner, Tax, Montréal

Sophie Amyot

Partner, Corporate, Montréal

David Wilson

Partner, Tax, Montréal

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

 

On April 13, 2018, West Corporation ("West") and Nasdaq, Inc. ("Nasdaq") announced that West had completed its acquisition of the public relations (Public Relations Solutions) and webcasting and webhosting (Digital Media Services) products and services within Nasdaq's Corporate Solutions business for approximately $335 million. The products and services included in the transaction are GlobeNewswire, Webhosting, Webcasting, Media Intelligence, and Influencers Database.

Nasdaq, Inc. provides trading, clearing, exchange technology, regulatory, securities listing, information, and public company services worldwide.

West Corporation, together with its subsidiaries, provides communication and network infrastructure services.

Osler, Hoskin and Harcourt LLP acted as Canadian counsel to Nasdaq with a team consisting of Niko Veilleux and Sophie Amyot (Corporate), Mark Brender and David Wilson (Tax) and Michelle Lally and Gajan Sathananthan (Competition).

Value
US$335 million
Date Closed
13 April 2018
Lead Office
Montréal
Key Contact
Niko Veilleux

Partner, Corporate, Montréal

Team
Mark Brender

Partner, Tax, Montréal

Sophie Amyot

Partner, Corporate, Montréal

David Wilson

Partner, Tax, Montréal

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto