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	<title>Linker Buzz &#187; Auctions</title>
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		<title>eBay to buy 400 million U.S. dollars to spend C2C website in Korea share the envy of almost 87%</title>
		<link>http://www.linkerbuzz.com/ebay-to-buy-400-million-us-dollars-to-spend-c2c-website-in-korea-share-the-envy-of-almost-87.html</link>
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		<pubDate>Fri, 22 May 2009 07:10:07 +0000</pubDate>
		<dc:creator>Haven Frbiz</dc:creator>
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		<description><![CDATA[U.S. well-known Internet auction service eBay will provide 413 million U.S. dollars to buy retailers in South Korea's Gmarket stake holding. Industry sources, the adoption of the transaction, eBay will further consolidate its network of retail markets in South Korea's dominant position. EBay as early as on August 2007 said that he hopes to acquire Gmarket's largest shareholder and its chairman Li Heng Interpark held all the shares of Gmarket. eDaily South Korean Internet news site quoted sources today said the statement, eBay has agreed to the price of 24 U.S. dollars per share Interpark and its chairman from Gmarket acquired 34.2% stake in Gmarket last Thursday with the closing price of 18.12 U.S. dollars compared to a premium of 32.5 %, and the total transactions amounted to 413 million U.S. dollars.]]></description>
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