Mergers & Acquisitions
By The Online Investor Staff, updated Sat., Apr. 20, 2:21 AM
| This Slide: #63 of 100 |
Slide #63. eBay Inc. — Goldin
Acquirer:
eBay Inc. (NASDAQ:EBAY)
Acquiree:
Goldin
Details:
eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, and Collectors, parent company of PSA, the leading third party authentication and grading provider in the collectibles industry, today announced they signed definitive agreements to enter into a series of transactions that include a commercial agreement, the sale of Goldin from Collectors to eBay, and the sale of the eBay vault from eBay to PSA. The differentiated and complementary strengths of the respective companies will support more streamlined buying, selling, grading, and storage experiences for all who participate in the trading card hobby in the United States ("The Hobby").
eBay engages in global commerce through its Marketplace platforms which connect buyers and sellers. The platforms include Co.'s online marketplace located at www.ebay.com and its localized counterparts, including off-platform businesses in Japan and Turkey, as well as suite of mobile apps. Co.'s platforms are accessible through an online experience, iOS and Android mobile devices and its application programming interfaces. Co. provides eBay Money Back Guarantee, which allows buyers to receive their money back if the item they ordered does not arrive, is faulty or damaged or does not match the listing. Co. also provides Authenticity Guarantee, which is an independent authentication service.
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