Home / ebay / Yahoo! Agrees to Tender Its Stake in Gmarket to eBay – FOXBusiness

Yahoo! Agrees to Tender Its Stake in Gmarket to eBay – FOXBusiness

Yahoo! Agrees to Tender Its Stake in Gmarket to eBay
FOXBusiness
Inc. (Nasdaq:YHOO) announced today that it has agreed to sell its approximate 10% share in Gmarket (Nasdaq:GMKT), a retail e-commerce marketplace in Korea, to eBay (Nasdaq:EBAY) as part of eBay's announced tender offer for shares of Gmarket.

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