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eBay Classifieds Group

eBay Issues Statement on Strategic Review Process for eBay Classifieds Group

eBay Inc., a global commerce leader that connects millions of buyers and sellers around the world, issued the following statement regarding the previously announced strategic review of eBay's Classifieds Group ("Classifieds"). eBay has been exploring potential value-creating alternatives for Classifieds and continues to be in active discussions with multiple parties regarding a potential transaction. As previously noted, eBay expects to provide an update regarding this process by the middle of the year. eBay remains…