New York Times |
EBay Does About-Face in Decision to Spin Off PayPal
New York Times Only six months earlier, eBay had rejected Mr. Icahn's call to spin off PayPal, the payment processor, which generated nearly half of the overall company's revenue. At the time, management insisted that keeping the company together made more sense. EBay spinning off PayPal as separate company Ebay To Break Up With PayPal, Icahn Pushes For Payments Consolidation EBay's Biggest Auction Yet |
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