Nasdaq (NDAQ) – Get Report said Tuesday that it had agreed to sell its U.S. fixed-income business for $190 million cash to an affiliate of electronic marketplace operator Tradeweb Markets (TW) – Get Report.
New York-based Nasdaq at last check was up 2% to $141.36, while Tradeweb rose 2.9% to $66.34.
The companies hope to close the deal this year. It’s subject to conditions including regulatory clearances.
