Hope you don't mind me posting in your forum Larwee. Webmasters Universe seemd like the best place for this.
WOWSER another BIG acquisition!
eBay.com Acquires Stubhub for $310 Million
"eBay Inc. has acquired StubHub, a privately held company which is sort of the eBay of scalpers, as it’s a marketplace for the resale of concert, show, sports and other event tickets.
A smart acquisition by eBay enables it to expand its offerings and spinoff new sections of eBay, while also assuring that more StubHub users may pick Paypal over other payment methods.
Not only does this acquisition fit the eBay puzzle in a way Skype may not have, but it could also be seen as a defensive move, possibly blocking the usage (or preference) of Google Checkout within StubHub."
Read the rest at:
http://www.searchenginejournal.com/?p=4248