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Wednesday, June 6, 2012

UPDATE 5-Nasdaq offers $40 mln to cover Facebook losses, short of claims

June 6 (Reuters) - Nasdaq OMX Group Inc said it
will offer cash and rebates totaling $40 million to compensate
clients affected by the problems with Facebook Inc's
initial public offering, an amount well short of the losses
claimed by top market makers for the IPO.

western outlet covers

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