NEW YORK (TheStreet) — eBay will acquire online payments platform Braintree for $800 million in cash to bolster its PayPal brand. Once in the fold, Braintree will act as a separate entity under PayPal. Braintree CEO Bill Ready will remain at the helm, reporting directly to PayPal President David Marcus. The acquisition's completion is expected before the end of the year. "PayPal was built on …
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