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EBay considering PayPal spinoff – report

Shares of the online retailer jumped nearly 4 percent to $55.48 at midday. EBay told potential candidates for the position of PayPal chief executive officer, a post that David Marcus vacated in June, about a possible spinoff of the payments unit, the website reported. Marcus is now a Facebook Inc (FB.O) executive. A PayPal spinoff would mark an about-face for the company.

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