Breaking News

Seagate Introduces Storage Built for Consumer Data Explosion Viltrox Introduces AF 35mm F1.2 LAB N FE KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor Beelink EX Mate Pro Unveiled

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Intercontinental Exchange Targets eBay Acquisition: WSJ

Intercontinental Exchange Targets eBay Acquisition: WSJ

Enterprise & IT Feb 4,2020 0

Intercontinental Exchange Inc, owner of the New York Stock Exchange, has made an offer to buy eBay Inc in a deal that could value the ecommerce company at more than $30 billion, the Wall Street Journal reported on Tuesday.

The companies aren't currently in formal talks and there is no guarantee eBay would agree to a deal, the report here said, citing people familiar with the matter.

ICE is primarily interested in eBay’s marketplace business, and not its classified unit, which eBay has been considering selling, the report said.

Both ICE and eBay declined to comment.

Earlier today, activist shareholder Starboard Value LP piled more pressure on eBay to sell the classifieds business, saying the company had not made enough progress to improve shareholder value.

“To achieve the optimal outcome, we believe Classifieds must be separated, and a more comprehensive and aggressive operating plan must be put in place to drive profitable growth in the core Marketplace business,” Starboard said in a letter to eBay’s board.

EBay said it "remains open to all value-enhancing opportunities."

Tags: eBay
Previous Post
Matrox and Xilinx Develop New Display Controllers for Video Walls
Next Post
Microsoft Announces Next Chapter of Xbox Game Pass Quests

Related Posts

  • Starboard Ends Proxy Fight at eBay

  • eBay Launches “Up & Running” To Bring Small Businesses Online

  • eBay to Begin Managing Payments in the United Kingdom

  • EBay in Talks on Deal for Classifieds Business

  • Intercontinental Says Not Interested for EBay Any More

  • Facebook and eBay Pledge to Combat Fake Reviews

  • Organization Identifies Implications of BigTech's Engagement in Financial Data

  • eBay Teams Up with Apple, Samsung Austin Semiconductor and Sprint on a Renewable Energy Project

Latest News

Seagate Introduces Storage Built for Consumer Data Explosion
Enterprise & IT

Seagate Introduces Storage Built for Consumer Data Explosion

Viltrox Introduces AF 35mm F1.2 LAB N FE
Cameras

Viltrox Introduces AF 35mm F1.2 LAB N FE

KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs
Enterprise & IT

KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs

AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor
PC components

AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor

Beelink EX Mate Pro Unveiled
Consumer Electronics

Beelink EX Mate Pro Unveiled

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed