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eBay Agrees to Acquire Shares in Turkey's GittiGidiyor (EBAY)

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eBay (NASDAQ: EBAY) today announced that it has agreed to acquire additional shares in GittiGidiyor, the leading online marketplace in Turkey. The deal follows eBay's acquisition of a minority stake in the company in 2007. Upon closing of the transaction, eBay will own approximately 93% of the outstanding shares of GittiGidiyor. Terms of the deal were not disclosed.

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