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EBay to Spin Off PayPal Business – Wall Street Journal

Wall Street Journal EBay to Spin Off PayPal BusinessWall Street Journal"For more than a decade, eBay and PayPal have mutually benefited from being part of one company, creating substantial shareholder value," eBay CEO John Donahoe said. "However, a thorough strategic review with our board shows that keeping eBay and …Ebay to …

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EBay to split off lucrative PayPal business

EBay is splitting off its fastest growing segment, payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay's shares up nearly 7 percent in morning trading. … More: continued here

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EBay follows Icahn's advice, plans PayPal spinoff in 2015

By Supantha Mukherjee (Reuters) – EBay Inc plans next year to spin off PayPal, its fast-growing payments business, giving in to activist investor Carl Icahn's argument for a leaner company better equipped to compete in the competitive mobile payments market. EBay's shares rose as much as 8 percent after the …

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EBay Will Spin Off PayPal Into a Separate Company

EBay is breaking away from PayPal, turning its payments operation into a separate, publicly traded company. “ebay and PayPal will be sharper and stronger, and more focused and competitive as leading, standalone companies in their respective markets,” eBay CEO John Donahoe said in a statement on the move, announced early …

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BABA Stock – Should Alibaba Buy eBay? – Investorplace.com

BABA Stock – Should Alibaba Buy eBay?Investorplace.comOn Tuesday, investors learned that eBay will finally spin off PayPal, its mobile payment arm, sometime in 2015. The split will separate the legacy auction and e-commerce company from the fast-moving PayPal segment. Without the attractive mobile …and more » More: continued here

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eBay and PayPal to split: Here’s what you need to know

eBay (EBAY) shares are higher after the company announced it will split with PayPal sometime next year. After the split the two will trade as entirely separate companies, bringing to fruition a plan very much like the one laid out by shareholder activist Carl Icahn 9 months ago. More: continued …

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eBay split to create independent PayPal

New York (AFP) – US online auction giant eBay announced plans Tuesday to spin off PayPal, a move designed to help the unit compete better in the fast-moving online payments segment. More: continued here

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EBay Reverses Course, Decides to Spin Off PayPal – Wall Street Journal

Wall Street Journal EBay Reverses Course, Decides to Spin Off PayPalWall Street Journal"For more than a decade, eBay and PayPal have mutually benefited from being part of one company, creating substantial shareholder value," eBay Chief Executive John Donahoe said. "However, a thorough strategic review with our board shows that keeping …Ebay …

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