Ebay nears $10 billion sale of classified ads unit: Reuters

Ebay nears $10 billion sale of classified ads unit: Reuters

Ebay is selling its classified ads business unit, Reuters said, citing sources. The company called a board meeting on Friday to select a buyer for the unit in a deal potentially worth up to $10 billion. The potential buyers are online retailer Prosus and a private equity consortium, both have submitted an all cash offer - and a third cash-and-share offer from Norwegian classifieds group Adevinta

KCooper
KCooper
MF
MF 2 weeks

Wait, wasn't that like the whole eBay in the beginning?

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