This acquisition is said to offer companies access to online board records, which includes communications, calendaring, voting, document storage. These board tools may improve board communications.
For public companies, this may be an added service on top of some of other services provided by NASDAQ. For example, PrimeNewswire offers press release and Form 8K filings for public companies listed on NASDAQ. PrimeNewswire is owned by NASDAQ, and may take the place of using financial printers such as Bowne for simple SEC filings.
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