4 Merger and Acquisitions Stock Stories Needing Thursday Due Diligence
eBay Inc. (NASDAQ:EBAY): Current price $56.55
On Thursday, eBay announced that it will acquire Braintree, for a total consideration of round $800 million in cash. The transaction is subject to the usual closing conditions, including regulatory approvals, and should close late in the fourth quarter. Braintree is a global payment platform that powers the next generation of online and mobile-first startups.