Deals
NYSE Owner’s ‘Outside the Box’ EBay Approach Leaves Analysts Bewildered
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While the owner of the New York Stock Exchange says M&A is always top of mind, the company’s approach to EBay Inc. has many analysts scratching their heads.
The potential link-up has no clear rationale, Piper Sandler Cos. said, while Oppenheimer & Co. voiced a widespread reaction when headlines about the talks first appeared: EBay is not a “conventional” M&A target for an exchange.