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Citi expects Internet M&A to pick up

Jan. 14, 2019 2:47 PM ETeBay Inc. (EBAY) StockEBAY, YELP, ZG, ROKUBy: Clark Schultz, SA News Editor19 Comments
  • Citi sees eBay (EBAY -0.8%), Roku (ROKU +0.9%), Yelp (YELP +0.4%) and Zillow (ZG -2.1%) as the likeliest M&A targets in the Internet sector.
  • "With the need to shore up competitive holes, with lower valuations, with nearly $1 trillion in committed private equity capital on the sidelines, and with the risk of higher rates, internet M&A could increase in 2019," writes analyst Mark May.

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