eBay shares rise on report of PayPal spinoff – USA TODAY


USA TODAY

eBay shares rise on report of PayPal spinoff
USA TODAY
SAN FRANCISCO — Shares of eBay are up 4% following a report today that the e-commerce behemoth is considering a spin-off of its highly profitable PayPal unit. The Information, citing unnamed sources, said eBay has told candidates for the CEO job at …

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