Why Intercontinental Exchange wants to buy eBay
Explaining a new and weird putative corporate combination
THE HIGH STREET and Wall Street feel like very different places. One is lined with soft-lit storefronts showing tempting goods, to entice the customer in. The other is home to rows of gleaming skyscrapers, with snooty receptionists and fiercely guarded lift banks, in order to keep the riff-raff out. But the core purpose is similar. Both are venues for interested parties to get together and trade things—be they Dior suits or shares in Microsoft.
This article appeared in the Finance & economics section of the print edition under the headline “Making an offer”
Finance & economics February 8th 2020
- Just how stable is Hong Kong’s economy?
- Companies warn of an economic crisis as China battles coronavirus
- What the coronavirus means for financial markets
- Traders lose interest in America’s jobs report
- Why Intercontinental Exchange wants to buy eBay
- Ujjivan is a rare bright spot in Indian finance
- The culture wars between economists and markets practitioners
- Economists discover the power of social norms
From the February 8th 2020 edition
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