Nasdaq on Monday agreed to buy Thoma Bravo-owned software firm Adenza for $10.5 billion, with the exchange operator's biggest-ever deal broadening its financial technology footprint but giving shareholders a case of sticker shock.
Nasdaq is buying Adenza, a company that makes software used on Wall Street, for $10.5 billion in cash and stock.The acquisition from owner Thoma Bravo, an investment company, includes $5.75 billion in cash and 85.6 million shares of Nasdaq common stock.Na