Following pressure from shareholders to offload noncore business units, eBay Inc. will reportedly sell its online classified ad unit in a deal worth nearly $9 billion. The Wall Street Journal reported ...

EBay Inc. is taking steps toward a potential sale of its classified-ads business, which could be worth roughly $10 billion, according to people familiar with the matter. Private-equity firms including ...

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 ...

Ebay Inc has agreed to sell its classified ads business to Norwegian group Adevinta in a deal worth $9.2 billion, creating the world's largest classifieds group, the companies said on Tuesday. Ebay ...

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eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 20% equity, it said. Adevinta had ...

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 ...

EBay Inc. has launched a free classified advertising site in the United States, an experiment the online auction company says could lead to new sources of revenue. By The Associated Press SAN ...

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 ...

Ebay has called a board meeting on Friday to select a buyer for its classified ads business in a deal potentially worth up to $10 billion, sources close to the matter told Reuters. By Arno Schuetze ...

Ebay is reportedly getting close to a deal to sell its classified ads business to Adevinta, a Norwegian company that runs online marketplaces across Europe and Latin America. According to a Wall ...

Sources are starting to name specific suitors and citing potential prices, which would suggest serious discussions. The Wall Street Journal reported on Friday afternoon that, according to people ...