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EBay in discussions with multiple parties for sale of classified business

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EBay Inc is in discussions with multiple candidates regarding a potential transa...

FILE PHOTO: The German headquarters of online marketplace eBay is pictured at Europarc Dreilinden business park south of Berlin in Kleinmachnow, Germany, August 6, 2019. REUTERS/Fabrizio Bensch

The company expects to provide an update regarding the process by the middle of 2019, it said in a statement.

 

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WSJ News Exclusive | EBay Moves Toward Selling Its Classified-Ads BusinessEBay 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.
Source: WSJ - 🏆 98. / 63 Read more »