Controversial online ticket market Viagogo has agreed a $4.05bn (€3.68bn)deal to buy eBay’s ticketing unit StubHub.
Viagogo has around 250 staff at its European headquarters in Limerick and buying StubHub boosts its US presence.
eBay is selling the business after activist investors Elliott Management and Starboard Value had urged eBay to sell it and eBay Classifieds Group as part of a plan that could double the company’s value.
Viagogo has been criticised here and in the UK for its role in the resale of in-demand tickets for matches and events, a trade which Fine Gael TD Noel Rock has sought to ban.
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The company has said such a ban would hurt jobs in Limerick.
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