SAN FRANCISCO (TheStreet) – eBay ainvestors heavily bid up the stock, after the company announced it would spin off its payment processing arm PayPal. In addition, the online auction giant also announced its embattled CEO John Donahoe would step down once the spin off is completed, which is expected to occur in the second half of next year. Shares of eBay rose 7.54% to $56.63 at the close, while …
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