EBay Will Spin Off PayPal Into a Separate Company

EBay is breaking away from PayPal, turning its payments operation into a separate, publicly traded company. “ebay and PayPal will be sharper and stronger, and more focused and competitive as leading, standalone companies in their respective markets,” eBay CEO John Donahoe said in a statement on the move, announced early Tuesday morning. “As independent companies, […] The post EBay Will Spin Off …

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