Sources: Greifeld Apologized To Morgan Stanley For IPO Handling -Fox Business's Gasparino

Date : 05/23/2012 @ 12:54PM
Source : Dow Jones News
Stock : Nasdaq, Inc. (MM) (NDAQ)
Quote : 68.87  0.2 (0.29%) @ 8:00PM

Sources: Greifeld Apologized To Morgan Stanley For IPO Handling -Fox Business's Gasparino

Nasdaq, Inc. (NASDAQ:NDAQ)
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Nasdaq OMX Group Inc.'s (NDAQ) CEO Bob Greifeld visited Morgan Stanley's (MS) offices Tuesday to apologize for his exchange's handling of the Facebook Inc. (FB) IPO, Fox Business's Charles Gasparino reported Wednesday, citing sources at Morgan Stanley.

Greifeld made a "surprise" visit to Morgan's Capital Markets desk, where the Facebook deal was priced, Gasparino said, and made somewhat of a "mea culpa or apology" for the way Nasdaq handled the deal, he said.

Full story at www.foxbusiness.com

-Dow Jones Newswires; 212-416-2900




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