Viagogo and StubHub Acquisition CMA Investigation Reaches New Phase

Live Music Concert

The U.K.’s Competition and Markets Authority (CMA) is concerned that the loss of competition brought about by the merger between Viagogo and StubHub could cause customers who buy and resell tickets losing out because of higher prices and fewer options. Viagogo purchased StubHub in February 2020 from eBay. Both ticket marketplaces have a significant presence […]

eBay Dodges Headache as StubHub Slows Refunds From Massive Event Cancellations

StubHub

In February, eBay completed the sale of its sports and entertainment ticket marketplace StubHub to U.K.-based ticket marketplace Viagogo for $4.05 billion. There are probably some very happy faces at eBay’s HQ in San Jose, CA as the entire sports and entertainment industry came to a near full stop in March due to the coronavirus […]

eBay Completes Sale of StubHub to Viagogo and Will Buy Back More Stock

eBay completes the sale of StubHub

eBay announced that it has completed the sale of StubHub to Viagogo for $4.05 billion in cash. “The completed sale of StubHub to viagogo is a great outcome both in terms of the $4.05 billion sale price and the potential StubHub has with its new owner. The StubHub transaction reinforces our commitment to creating shareholder […]

UK Watchdog Advises StubHub and Viagogo to Halt Business Integration

StubHub

The UK’s Competition and Markets Authority (CMA) advised StubHub and Viagogo to continue the integration of the two businesses until it clears its investigation into the sale. In November, eBay announced it had reached a deal with London-based ticket marketplace Viagogo to sell StubHub for $4.05 billion in cash. On December 13, the CMA launched […]

Viagogo Acquires eBay’s Ticket Marketplace StubHub for $4B

eBay sign San Jose Campus

eBay and Viagogo have entered into a definitive agreement for eBay to sell StubHub to Viagogo for a purchase price of $4.05 billion in cash. “We believe this transaction is a great outcome and maximizes long-term value for eBay shareholders. Over the past several months, eBay’s leadership team and Board of Directors have been engaged […]