If the deal is confirmed, StubHub will be sold to Viagogo, a Swiss ticket reseller. Eric Baker, the CEO of Viagogo, cofounded StubHub.
EBay is nearing a deal to sell StubHub to the Swiss ticket reseller Viagogo for $4 billion, The Wall Street Journal reported Monday. Shares of eBay surged as much as 6% on the news. The deal could close as early as Monday, according to the report. It would bring StubHub back under the control of cofounder Eric Baker, now the CEO of Viagogo. Watch eBay trade live on Markets Insider.
EBay is nearing a deal to sell StubHub to the Swiss ticket reseller Viagogo for $4 billion, The Wall Street Journal reported Monday. Shares of eBay surged as much as 6% on the news. The deal could close as early as Monday, according to the report. It would bring StubHub back under the control of cofounder Eric Baker, now the CEO of Viagogo. Watch eBay trade live on Markets Insider.
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EBay is selling off StubHub in a $4 billion dealEBay is selling its StubHub ticketing businesses to Viagogo, a European rival, in a $4 billion deal.
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WSJ News Exclusive | EBay Nears Deal to Sell StubHub to Viagogo for Roughly $4 BillionEBay is nearing a deal to sell its StubHub ticketing business to Swiss ticket reseller Viagogo Entertainment, according to people familiar with the matter.
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StubHub Sold by eBay for $4 Billion to ViagogoOnline commerce company eBay has landed a buyer for StubHub, announcing a pact to sell the unit to Viagogo for $4.05 billion in cash — bringing together two of the world’s biggest ticke…
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