EBay to Spin Off PayPal Business – Wall Street Journal

Wall Street Journal EBay to Spin Off PayPal BusinessWall Street Journal"For more than a decade, eBay and PayPal have mutually benefited from being part of one company, creating substantial shareholder value," eBay CEO John Donahoe said. "However, a thorough strategic review with our board shows that keeping eBay and …Ebay to …

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EBay to split off lucrative PayPal business

EBay is splitting off its fastest growing segment, payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay's shares up nearly 7 percent in morning trading. … More: continued here

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EBay follows Icahn's advice, plans PayPal spinoff in 2015

By Supantha Mukherjee (Reuters) – EBay Inc plans next year to spin off PayPal, its fast-growing payments business, giving in to activist investor Carl Icahn's argument for a leaner company better equipped to compete in the competitive mobile payments market. EBay's shares rose as much as 8 percent after the …

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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 …

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BABA Stock – Should Alibaba Buy eBay? – Investorplace.com

BABA Stock – Should Alibaba Buy eBay?Investorplace.comOn Tuesday, investors learned that eBay will finally spin off PayPal, its mobile payment arm, sometime in 2015. The split will separate the legacy auction and e-commerce company from the fast-moving PayPal segment. Without the attractive mobile …and more » More: continued here

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