Nov 25

Viagogo Buys Ticket Resale Service StubHub From eBay for $4.05 Billion

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EBay is selling ticket resale site StubHub to its European rival, Viagogo, for $4.05 billion in a deal set to close next year. The online auction house acquired StubHub in 2007 for $310 million. “We believe this transaction is a great outcome and maximizes long-term value for eBay shareholders,” said eBay interim CEO Scott Schenkel…

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