The revelation that the owner of the New York Stock Exchange approached eBay Inc. about a possible takeover—only to dump the idea after an investor backlash—stunned observers on Wall Street and beyond.
But it shouldn’t be surprising given the transformation of the exchange business over the past decade. Once focused on running markets, exchange operators such as NYSE parent Intercontinental Exchange Inc., or ICE, have increasingly evolved into data and technology companies—and the exploration of a deal with eBay suggests executives...
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eBay is more like the NYSE than Amazon, says Intercontinental Exchange CEO Jeffrey SprecherIntercontinental Exchange CEO Jeffrey Sprecher suggested that eBay 'be viewed as a 25-year-old cash market for collectible goods which looks a lot more like the New York Stock Exchange than Amazon.' unsuckEBAY Visit my eBay store
Source: CNBC - 🏆 12. / 72 Read more »
eBay shares tumble as NYSE owner nixes deal plans after talking to investors - Business InsidereBay shares tumbled after the New York Stock Exchange's owner said it would not pursue a deal with the e-commerce firm.
Source: BusinessInsider - 🏆 729. / 51 Read more »
eBay shares tumble as NYSE owner nixes deal plans after talking to investors - Business InsidereBay shares tumbled after the New York Stock Exchange's owner said it would not pursue a deal with the e-commerce firm.
Source: BusinessInsider - 🏆 729. / 51 Read more »
eBay is more like the NYSE than Amazon, says Intercontinental Exchange CEO Jeffrey SprecherIntercontinental Exchange CEO Jeffrey Sprecher suggested that eBay 'be viewed as a 25-year-old cash market for collectible goods which looks a lot more like the New York Stock Exchange than Amazon.' unsuckEBAY Visit my eBay store
Source: CNBC - 🏆 12. / 72 Read more »