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EBay to Split Off PayPal as Mobile Payments Gain Ground – Bloomberg


Bloomberg

EBay to Split Off PayPal as Mobile Payments Gain Ground
Bloomberg
EBay Inc. (EBAY), the world's biggest online marketplace, said it would split off its payments arm PayPal, finally bowing to pressure from activist shareholder Carl Icahn after nine months. EBay and PayPal will become independent companies in 2015

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