LSEG paid $275 million for MayStreet, court documents say
Amid the ongoing MayStreet–LSEG lawsuit, lawyers for the exchange group filed documents last week that reveal the price tag of the deal and the earnout amounts at the center of the case.
The London Stock Exchange Group paid $275 million for MayStreet in 2022, court documents reviewed by WatersTechnology reveal. The additional earnouts that were part of the deal, and would be paid over four years, were additionally valued at up to $175 million, pushing the price tag up to $450 million.
The amounts were disclosed in defendants’ demonstrative documents used during a hearing in May, in the Delaware Court of Chancery, concerning the ongoing MayStreet–LSEG lawsuit. Last May, Patrick
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