Vivid Seats eyes up potential StubHub sale
Private equity-backed US resale platform Vivid Seats among potential buyers of rival secondary site StubHub
News By | 10 September 2019
Chicago-based secondary ticketing company Vivid Seats is among parties interested in acquiring StubHub from e-commerce giant Ebay, Bloomberg reports.
In July, IQ reported that Ebay was moving forward with the potential sale of StubHub, which it bought for US$310 million in 2007, with “multiple” parties showing interest.
The e-commerce platform announced a review of the secondary site’s “role and value”, after reportedly receiving pressure from investor Elliott Management to separate from the ticketer.
Now, it has been revealed “by people…
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