Amtech research analyst Mark Mahaney says that the rent.com acquisition was expensive at over 10 times revenues. S&P agrees, writing that eBay paid a "notable premium to such other online listings companies as Monster Worldwide", and adds that it thinks the acquisition lacks "significant strategic sense".
Analysts don't like eBay's Rent.com acquisition
Dec 20 2004, 12:50
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about: EBAY

