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Monday, November 25, 2019

eBay Sells Stubhub

What's up guys so in mergers and Acquisitions today eBay has announced that they are selling StubHub for $4 billion dollars to Swedish Ticket company Viagogo.

What is interesting about the story is that the current CEO of Viagogo Eric Baket is also one of the co-founders of StubHub.

He left the company but still had shares when it was sold to eBay for roughly about $310 million.

Fast forward to today and now StubHub is being sold to Viagogo for 4 billion cash.


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