EBay Up 6%; To Sell StubHub to Viagogo
November 25 2019 - 9:41AM
Dow Jones News
By Michael Dabaie
EBay Inc. (EBAY) shares were up 6% premarket, to $37.10.
EBay Inc. on Monday confirmed it would sell the StubHub
ticketing business to Swiss ticket reseller Viagogo Ltd. for a
purchase price of $4.05 billion in cash.
Shares initially rose premarket after The Wall Street Journal
reported that eBay was nearing a deal to sell StubHub to Viagogo,
citing people familiar with the matter.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
November 25, 2019 09:26 ET (14:26 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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