Philadelphia Exchange Has Options With Common Connections
Could certain common connections come into play as the Philadelphia Stock Exchange begins to consider takeover bids? The New York Times DealBook mentioned NYSE Euronext, parent of the New York Stock Exchange, and Nasdaq Stock Market Inc as potential buyers. After quickly generating IntellectSpace Knowledge Maps of either companies’ ties to the Philadelphia Stock Exchange (PHLX), we found that both NYSE and Nasdaq hold at least one strong connection that could factor into a deal.
In this first Knowledge Map, we see that William E Ford (Director of NYSE) likely knows Anthony George Gero (Director of PBOT Division of PHLX) through the New York Mercantile Exchange (NYMEX), where both men presently serve together as Directors. A current connection such as this may be very valuable for NYSE if it does decide to make an offer.
This second Knowledge Map reveals that Nasdaq has a strong link of its own to PHLX, again through Anthony Gero. Gero may also be well acquainted with former Nasdaq Chairman/CEO Hardwick Simmons. The two had previously been executives during overlapping periods at Prudential Securities Inc, where Gero was a Senior Vice President and Simmons was the President/CEO.
The multiple ties PHLX shares with its interested suitors may ultimately give it the advantage in securing a substantial offer.
Note: information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America
Click here or copy this links into your Internet Explorer browsers for Interactive versions of these IntellectSpace Knowledge Maps:
NYSE Euronext - PHLX: http://nv.intellectspace.com
NASDAQ - PHLX: http://nv.intellectspace.com
Comments