As was
indicated earlier [webmasterworld.com], EBay has sold its classified ads business to Adevinta for $9.2 billion, of which eBay receives $2.5 billion in cash and 540 million shares in Adevinta, becoming its largest shareholder.
“Adevinta becomes the largest online classifieds company globally, with a unique portfolio of leading marketplace brands,” Adevinta Chief Executive Rolv Erik Ryssdal said.
[
reuters.com...]