Monday, November 12, 2007

eBay Inc. to Buy StubHub for $300 Million+?

San Jose, CA based eBay Inc., the online auction/shopping website created by Pierre Omidyar are getting close to acquiring StubHub for over $300 million. StubHub is one of the largest online ticket-sellers for concerts and sporting events. Last year, StubHub sold over $400 million worth of tickets. StubHub made $10 million EBIT last year.

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