Home / ebay / EBay may use Skype cash for mobile buyouts: WSJ

EBay may use Skype cash for mobile buyouts: WSJ

SAN FRANCISCO (MarketWatch) — EBay Inc. may use the $2.4 billion it will receive from Microsoft Corp.’s $8.5 billion purchase of Skype for acquisitions or share buybacks, The Wall Street Journal reported Monday online, citing comments from eBay Chief Executive John Donahoe. Acquisitions are likely to target technologies and companies that increase eBay’s mobile capabilities. “Our purpose is to …

More: continued here

About admin

Check Also

This Year’s ‘Power Lunch’ With Warren Buffett Sold For $3.3M on eBay – Observer

Observer This Year's 'Power Lunch' With Warren Buffett Sold For $3.3M on eBayObserverAn anonymous buyer …

Leave a Reply

Your email address will not be published. Required fields are marked *