Activist shareholder Starboard Value LP on Tuesday piled more pressure on eBay Inc to sell off its classifieds business, saying it had not made enough progress to improve shareholder value. The ...
On January 22, 2019, Elliott Management Corporation wrote a letter to eBay Inc (NASDAQ: EBAY, $33.69, Market Capitalization: $32.4 billion)’s Board of Directors outlining a significant value-creation ...
Management says it's considering a sale of these noncore businesses. In order to improve its focus on growing its core business, investors want to see eBay reassess its portfolio of brands and ...
(Reuters) - EBay Inc on Friday announced a review of its StubHub and eBay Classifieds businesses and said it would appoint two new directors to its board, as part of an agreement with activist ...
EBay Classifieds is teaming up with search advertising network adMarketplace to augment the search experience for mobile and tablet users as the site experiences an influx of visitors from mobile ...
SAN FRANCISCO (Reuters) - EBay plans a major expansion of its fast-growing U.S. web classifieds unit, but experts doubt it can overtake well-loved rival Craigslist and build a viable business as its ...
One of the web’s oldest businesses has a new owner. Norway’s Adevinta is buying eBay (EBAY)’s classified ads business for $9.2 billion to create the world’s largest online classifieds company. But ...
Adevinta has agreed to purchase eBay's Classifieds business unit in a deal worth roughly $9.2 billion. Norway-based Adevinta will pay eBay $2.5 billion under the terms of the deal, and will also ...
OSLO/LONDON (Reuters) - U.S. firm eBay Inc has agreed to sell its classified ads business to Norway's Adevinta in a deal worth $9.2 billion, creating the world's largest classifieds group, the ...
(RTTNews) - eBay Inc. (EBAY), a commerce company, announced Friday that it has completed the transfer of its Classifieds business to Adevinta in exchange for $2.5 billion in cash and a 44% equity ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. EBay Inc.’s $9.2 billion merger of its Classifieds Group ...
Activist shareholder Starboard Value LP on Tuesday sent a letter to eBay Inc's board, saying the ecommerce company has not made enough progress in its plan to separate its classifieds business. Feb 4 ...