Etsy Buys Music Instrument Marketplace For $275M In Cash
Etsy announced that it is acquiring Reverb Holdings, a marketplace for new, used and vintage music gear. The deal is for $275 million in cash, subject to certain adjustments. Once the transaction closes, Reverb will continue to operate as a standalone business. “Vibrant two-sided marketplaces are lightning in a bottle — there are only a […]
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