EBay announced plans to acquire StubHub.com for an estimated $310 Million Dollars according to the official press release today. Bill Cobb's announcement comes only 7 days after the Fee Increase Announcement.
Unlike prior acquisitions such as Skype, StubHub.com is actually a sound investment for eBay. With a large overlapping customer base and similar interests the acquisition should prove to be a money maker for stockholders.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment