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EBay Is Selling StubHub To Viagogo For More Than $4 Billion
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Business
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9th - 10th Grade
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Hard
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eBay announced the sale of StubHub to Viagogo for $4.05 billion, aiming to enhance ticket sales globally. The merger is expected to benefit both buyers and sellers by expanding choices and networks. eBay sees this as a strategic move to focus more on its retail platform, especially after its former CEO's departure. However, the deal may face regulatory challenges, with a planned closure by Q1 2020.
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