πŸ‡ΊπŸ‡Έ

EBay sells StubHub for $4.05 billion

Credit: Rumble
Published on November 25, 2019 - Duration: 00:27s

EBay sells StubHub for $4.05 billion

FILE PHOTO: The eBay logo is pictured on a phone screen in this photo illustration in New York, U.S., July 23, 2019.

REUTERS/Brendan McDermid/Illustration (Reuters) - EBay Inc (EBAY.O) will sell its ticketing unit, StubHub, for $4.05 billion to ticket reseller Viagogo Ltd in an all-cash deal, the companies said on Monday.

Shares of eBay were up more than 5% before the opening bell.

The deal is expected to close by the end of the first quarter of 2020.

Advertisement

You are here

You might like