We have investigated the reactivities of a series of dinuclear iridium(II,II) and rhodium(II,II) 1,3-butadiene-1,4-diyl complexes derived from two types of alkyne-containing ligands. Newly developed ligand 2 afforded 2nd generation diiridium complexes that have higher reactivity toward halide Scheme 1. Dinuclear complexes having 1,3-butadiene-1,4-diyl ligand backbone. 1895 Scheme 2. (a) Formation of 1,3-butadiene-1,4-diyl complex 4 from ligand 2 and its reaction with AgBF 4 . (b) Reactions of dicationic complex 5 with carbon monoxide and phenylacetylene.