EBay considering PayPal spinoff: report

(Reuters) – EBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources. Shares of the online retailer jumped nearly 4 percent to $55.48 at midday. EBay told potential candidates for the position of PayPal chief …

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EBay rallies on reported plan to spin off PayPal

SAN FRANCISCO (MarketWatch) – Shares of eBay Inc. rallied Thursday on speculation that the e-commerce giant was planning to spin off PayPal. EBay was up more than 5%, the best performer on the S&P 500 . According to a report in The Information, eBay has told candidates for the chief …

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