Publishing Giant Axel Springer Sets Its Sights on eBay Classifieds

Europe’s biggest publisher, Axel Springer, is interested in buying eBay’s classifieds business, German trade magazine Capital reports. At the start of March, eBay announced it had agreed with investors Elliott Management and Starboard Value to consider spinning off or selling some of its non-core businesses showing good growth, such as the eBay Classifieds Group and […]

EBay Is Launching a Strategic Review of Its Portfolio, Including StubHub and eBay Classifieds

EBay has reached an agreement with Elliott Management and Starboard Value, appointing two new directors to the board and paving the way to potentially carving off some of its businesses. Under terms of the deal, eBay ebay will appoint Elliott partner Jesse Cohn and Matt Murphy of Marvell Technology Group to the board. eBay also […]