EBay selling StubHub to viagogo for $4.05 billion
Posted November 25, 2019 6:00 am
EBay is selling StubHub to ticket seller viagogo for $4.05 billion.
The addition of StubHub will allow viagogo to sell tickets in more than 70 countries and gives buyers access to a wider selection of tickets.
EBay bought StubHub in 2007 for $310 million.
Viagogo's founder and CEO Eric Baker is a StubHub co-founder.
The sale is targeted to close by the end of 2020's first quarter.
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This story has been corrected to show the transaction is worth $4.05 billion, not $4.5 billion.
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