If the deal is confirmed, StubHub will be sold to Viagogo, a Swiss ticket reseller. Eric Baker, the CEO of Viagogo, cofounded StubHub.
EBay is nearing a deal to sell StubHub to the Swiss ticket reseller Viagogo for $4 billion, The Wall Street Journal reported Monday. Shares of eBay surged as much as 6% on the news. The deal could close as early as Monday, according to the report. It would bring StubHub back under the control of cofounder Eric Baker, now the CEO of Viagogo. Watch eBay trade live on Markets Insider.
EBay is nearing a deal to sell StubHub to the Swiss ticket reseller Viagogo for $4 billion, The Wall Street Journal reported Monday. Shares of eBay surged as much as 6% on the news. The deal could close as early as Monday, according to the report. It would bring StubHub back under the control of cofounder Eric Baker, now the CEO of Viagogo. Watch eBay trade live on Markets Insider.
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