EBay to Spin Off PayPal With New CEOs for Two Publicly Traded Companies – Re/code (blog)

EBay to Spin Off PayPal With New CEOs for Two Publicly Traded Companies
Re/code (blog)
After resisting activist shareholder pressure to do so earlier this year, online commerce giant eBay said today that it plans to separate its eBay e-commerce business from its PayPal payments unit, creating two independent publicly traded companies.

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