Alibaba Group Holding Limited American Depositary Shares each representing one Ordinary share (BABA): M&A News

BABA – Ant Financial will likely not convince regulators to approve MoneyGram M&A deal, according to NY Post.


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Jack Ma expected to fail for third time in bid to acquire MoneyGram

For Jack Ma, the third time wasn’t the charm. The Chinese mogul’s Ant Financial is expected to fall short this week in its attempt to convince federal regulators to clear the company’s $1.2 billion…

From New York Post

BABA at a Glance

BABA Current POWR Rating™
Overall POWR Rating™
BABA Current Price $174.64 2.59%
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BABA Price Reaction

The day of this event (Dec. 6, 2017)
BABA Closing Price$172.63 2.17%
BABA Volume23,897,800
60.97% from avg
Leading up to this event
BABA 1-mo return10.05%
After this event
BABA 1-day return3.16%
BABA 3-day return5.76%

BABA Price Chart



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