NEW YORK (TheStreet) — Shares of eBay were higher in premarket trading Thursday, up 0.3% to $54.37, after the company announced it was spending $800 million to acquire Braintree, a payments company, to further strengthen its PayPal business. "Braintree is a perfect fit with PayPal," said eBay President and CEO John Donahoe in a press release. "Bill Ready and his team add complementary talent …
More: continued here
