(Bloomberg) — Intercontinental Exchange Inc. Chief Executive Officer Jeff Sprecher spent almost 40 minutes explaining why the firm was interested in a tie-up with EBay Inc. Investors weren’t persuaded. Late Thursday, the owner of the New York Stock Exchange said it’s giving up the pursuit.“Based on investor conversations following today’s ICE earnings call, ICE has decided to cease exploring strategic opportunities with EBay,” the exchange operator said in a statement.EBay “was not interested” in a deal, Sprecher had told analysts on ICE’s earnings call earlier in the day. “Curiosity, and the fact that we know people there, led us to …read more
Source:: Yahoo Finance
