Nasdaq, Inc.

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

Client

Nasdaq, Inc.

Value

US$335 million

Service

Mergers and Acquisitions

Date Closed

April 2018

Lead Office

Montréal

 

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).