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EBay to Split as Apple, Others Prepare to Challenge PayPal – Wall Street Journal


Wall Street Journal

EBay to Split as Apple, Others Prepare to Challenge PayPal
Wall Street Journal
A stand-alone eBay would no longer have to hand over cash it generates to PayPal, Chief Executive John Donahoe said. Mr. Donahoe, 54 years old, will step down as CEO when the split is complete, though he may join one or both companies' boards.

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