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The owner of the Nasdaq Stock Market is reportedly close to making a hostile bid for its rival, the New York Stock Exchange, potentially thwarting a German takeover of the company.

The Wall Street Journal reported that Nasdaq has been talking to bankers about financing such a bid.

Last month, plans were proposed to merge the German Deutsche Boerse and the NYSE, with the German side controlling 60 percent of the new company.

Mistrial in Linda Sun case ... Holiday pet safety ... Holiday cheer at the airport Credit: Newsday

Snow expected Tuesday ... Ruling in teacher sex abuse trial ... Holiday pet safety ... Cheer at the airport

Mistrial in Linda Sun case ... Holiday pet safety ... Holiday cheer at the airport Credit: Newsday

Snow expected Tuesday ... Ruling in teacher sex abuse trial ... Holiday pet safety ... Cheer at the airport

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