
NYSE parent company reported to takeover eBay

According to Seattle Times, Intercontinental Exchange is valuing eBay at more than $30 billion in contrast to eBay's current value of $28 billion.
ICE is also reportedly interested in owning eBay's core marketplace business, but not its classifieds unit which eBay is reportedly selling. The marketplace giant has also been operating without a permanent CEO since Devin Weng left in September.
ICE is known to acquire underperforming trading platforms and making them profitable, so we'll see how this talk with eBay turns out.
