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The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
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eBay to take over SKorean auction website
SEOUL - US-based online auction giant eBay on Thursday announced a takeover of South Korea’s biggest auction website Gmarket, in a deal worth up to 1.2 billion dollars.
In a joint statement, the two companies said eBay was offering 24 dollars a share for all outstanding Gmarket common shares and American Depository Receipts.
It said the total purchase price would be about 1.2 billion dollars if all outstanding shares are tendered.
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