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Technology Stocks : eBay - Superb Internet Business Model
EBAY 99.560.0%3:59 PM EDT

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To: Glenn Petersen who wrote (7763)11/30/2019 1:52:44 AM
From: Sr K   of 7772
 
WSJ

wsj.com

Nov. 29, 2019 9:13 am ET

Eric Baker long envisioned bringing together the two ticketing companies he started.

This week eBay Inc. agreed to sell its StubHub unit, a business Mr. Baker launched nearly two decades ago, to Geneva-based Viagogo Entertainment Inc., the ticketing firm with a large European presence he has been running since 2006.

The $4.05 billion all-cash deal would create a global ticketing juggernaut in the booming business of live events. It would also put StubHub back in the hands of the person who early on saw the opportunity in the legitimate resale of tickets.
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