Securities exchange operator BATS Global Markets is being advised by Davis Polk & Wardwell on its acquisition of Direct Edge Holdings LLC for an undisclosed sum. The deal, which finds Wilmer taking the lead for Direct Edge, is part of an effort to take on older exchange rivals such as Nasdaq and NYSE Euronext.
Davis Polk Steps Up for BATS on Direct Edge Tie-Up
The Am Law Daily
August 26, 2013