NYSE Rejects Nasdaq Bid, Gas Prices Rise
RENEE MONTAGNE, Host:
The battle of the Bourses is at the top of NPR's business news.
(SOUNDBITE OF MUSIC)
MONTAGNE: NASDAQ hit back last night with a statement saying its offer is superior. If NASDAQ decides to pursue its plan, it could start a hostile bidding war and appeal directly to the shareholders of the New York Stock Exchange.
STEVE INSKEEP, Host:
Economists are concerned about higher gas prices cutting into consumer spending and affecting the broader economy. Transcript provided by NPR, Copyright NPR.