Breaking: Intercontinental Exchange Makes Offer for EBay - Report

Breaking: Intercontinental Exchange Makes Offer for EBay - Report

Feb 04, 2020

Intercontinental Exchange, the owner of the NYSE, has made a bid for auction site eBay (NASDAQ:EBAY), The Wall Street Journal reported Tuesday.

  • ICE (NYSE:ICE) has made approaches in the past for a deal and there are currently no formal talks, the Journal said.

  • ICE) is interested in eBay’s core marketplace business, which eBay) would be willing to sell, the paper said.

  • Shares of eBay jumped 9.7% in afternoon trading. ICE fell 3%.

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