$4 Billion Sale Of StubHub Came After Pressure from Activist Investors In EBay

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$4 Billion Sale Of StubHub Came After Pressure from Activist Investors In EBay
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EBay's $4 billion sale of ticket reseller StubHub to Swiss competitor Viagogo came after pressure from activist investors in eBay by lisettevoytko

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A Viagogo spokesperson said it has worked with Google “to address the concerns” and has “returned to its traditional relationship” with the Mountain View-based tech company.in the U.K. over the way it communicated ticket availability and other information to customers, but a government watchdog backed down after Viagogo made changes to its website. Before he started Viagogo, CEO Eric Baker also founded StubHub while he was still in business school.

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EBay spikes on a report that it's nearing a deal to sell StubHub for $4 billionEBay spikes on a report that it's nearing a deal to sell StubHub for $4 billionIf the deal is confirmed, StubHub will be sold to Viagogo, a Swiss ticket reseller. Eric Baker, the CEO of Viagogo, cofounded StubHub.
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WSJ News Exclusive | EBay Nears Deal to Sell StubHub to Viagogo for Roughly $4 BillionWSJ News Exclusive | EBay Nears Deal to Sell StubHub to Viagogo for Roughly $4 BillionEBay is nearing a deal to sell its StubHub ticketing business to Swiss ticket reseller Viagogo Entertainment, according to people familiar with the matter.
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