(Reuters Breakingviews) - A possible bid by Intercontinental Exchange for eBay w...
The German headquarters of online marketplace eBay is pictured at Europarc Dreilinden business park south of Berlin in Kleinmachnow, Germany, August 6, 2019. REUTERS/Fabrizio Bensch
The putative bidder has been a prolific acquirer, buying exchanges and clearinghouses in more than a dozen deals, including the 2012 purchase of NYSE Euronext. Meanwhile, eBay has been under pressure from activist investors Elliott Management and Starboard Value. That resulted in boss Devin Wenig departing last September, as well as asset sales such as ticketing unit StubHub for $4 billion. Other changes are still under consideration.
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