By Allison Prang
Shares of Intercontinental Exchange Inc. (ICE) rose 4.5% Friday morning, a day after the company killed plans to buy eBay Inc.
The Wall Street Journal reported Tuesday that ICE had offered to buy eBay in a deal that could have valued eBay at over $30 billion. Later that day, ICE, which owns the New York Stock Exchange, confirmed it was interested in a deal with eBay.
Shares of ICE closed down 7.5% that day.
ICE on Thursday cited talks it had with investors in its decision to stop looking at "strategic opportunities" with eBay.
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