EBay Says Review of Asset Portfolio Moving Forward
25 Septiembre 2019 - 8:59AM
Noticias Dow Jones
By Colin Kellaher
EBay Inc. (EBAY) on Wednesday said its strategic review of its
asset portfolio, including its StubHub and eBay Classifieds Group
unit, is continuing to move forward, and said Goldman Sachs is
assisting with the process.
Under pressure from activist investors, the online auctioneer
earlier this year said it would consider a possible sale or spinoff
of online ticket platform StubHub and its classifieds business.
EBay, which also on Wednesday announced the departure of
President and Chief Executive Devin Wenig, said it expects to
provide an update on the review this fall.
The company reaffirmed its full-year adjusted guidance of $2.70
to $2.75 a share and its forecast of organic, currency-neutral
revenue growth of 2% to 3%.
Shares of eBay slipped 2% in premarket trading Wednesday.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 25, 2019 09:44 ET (13:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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