06/23/03
BRIEF OBJECTS
NEONET TO ACQUIRE LEXIT
Officials at Swedish equities agency broker Neonet announced late last week that they have signed a letter of intent with Lexit Financial Group and shareholder representatives in order to acquire the Lexit Group, based in Hoboken, NJ. Both parties hope to create combined operations for global execution services for institutional investors and broker/dealers, officials say. Officials also say they hope the merged firm will provide electronic direct market access to more
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