Nasdaq OMX Group Inc. shares declined the most since 2011 after the acquisition of eSpeed, an electronic platform for trading U.S. Treasury bonds, raised concern about its credit rating.
Shares of the second-biggest operator of U.S. equity exchanges fell 10 percent to $28.69 as of 11:34 a.m. in New York. It agreed Monday to acquire eSpeed from BGC Partners Inc. for as much as $1.23 billion, depending on sales goals. Moody’s Investors Service and Standard & Poor’s warned the debt rating may be lowered.
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