eBay (EBAY) Affirms Move to Unload MercadoLibre (MELI) Stake; Sees 'Significant' Gain
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eBay's (EBAY) Sale of MercadoLibre (MELI) Shares 'Makes Sense'; Slight Overhang Will Linger - Cowen
October 13, 2016 6:41 AM EDTCowen and Company affirms MercadoLibre (Nasdaq: MELI) at Market Perform with a price target of $165 following news that eBay (Nasdaq: EBAY) was selling its 5.5 million share stake in the company.
Analyst Thomas Champion said, The... More
Mercado Libre (MELI) Announces Common Stock Follow-on Offering (EBAY)
October 12, 2016 4:10 PM EDTMercadoLibre, Inc. (Nasdaq: MELI) announced today that it is commencing an underwritten public offering of shares of its common stock offered by its existing stockholders, eBay Inc., and eBays subsidiary, eBay International Treasury Center S.Ã r.l. (together referred toas the Selling Stockholders).... More
