Etsy agrees to sell Reverb (musical instrument marketplace) to Servco Pacific affiliate and Creator Partners

ETSY INC

Etsy entered into agreement to divest Reverb Holdings to Reverb IntermediateCo LLC, an affiliate of Servco Pacific and Creator Partners.
Transaction expected to close in coming months; no purchase price disclosed.
Etsy cites focus on core marketplace and Depop as reason for divestiture.
Additional details to be provided in Q1 2025 Form 10-Q.

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