eBay Agrees to Buy Butterfield & Butterfield.

PR Newswire | April 26, 1999 | Copyright

SAN JOSE, Calif., April 26 /PRNewswire/ -- eBay(R) (Nasdaq: EBAY) (www.ebay.com) today announced that it has agreed to acquire Butterfield & Butterfield, one of the world's largest and most prestigious auction houses. This important strategic acquisition enables eBay to accelerate its penetration into higher priced items on a global basis.

"This transaction will combine eBay's technology and large community of users with Butterfield's expertise in premium markets and extensive relationships with dealers, auction houses and individuals throughout North America, Europe ...

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