Why eBay’s Trials And Tribulations May Have Melted ICE’s Bid – For Now
PYMNTS
FEBRUARY 5, 2020
As has been widely reported, the Intercontinental Exchange (ICE), which owns the New York Stock Exchange (NYSE), has made an offer to buy eBay. Incidentally, the fact that eBay’s stock price traded “into” that market cap, and then a bit above, may signal that investors expect a higher, or competing, bid.
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