CNA Finance (press release) |
eBay Inc (EBAY) Jumps Amid PayPal Acquisition of Xoom Corp (XOOM)
CNA Finance (press release) On July 2, eBay Inc (NASDAQ:EBAY) announced a clear-cut agreement in which Paypal, Inc. will acquire Xoom Corp (NASDAQ:XOOM) for $25 per share, or $890 million in cash. eBay's shares have since increased, but some analysts argue that eBay's … PayPal Ready to Go on a Shopping Spree After eBay Spinoff PayPal's acquisition of Xoom highlights its post eBay strategy PayPal on hunt for takeovers after eBay split |
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