eBay (EBAY) to Spin PayPal into Separate, Publicly-Traded CompanyStreetInsider.com (subscription)eBay (NASDAQ: EBAY) said its Board of Directors, following a strategic review of the company's growth strategies and structure, has approved a plan to separate the company's eBay and PayPal businesses into independent publicly traded companies in … More: continued here
Flickr / Kārlis Dambrāns Ebay will spin off PayPal into its own business starting next year. PayPal, the online payments juggernaut, is seen as the real crown jewel of the Ebay business. And investors have been clamoring for a way to unlock PayPal’s value. The activist investor Carl Icahn, in particular, has been a big…
eBay Inc. today said its Board of Directors, following a strategic review of the company’s growth strategies and structure, has approved a plan to separate the company’s eBay and PayPal businesses into independent publicly traded companies in 2015, subject to customary conditions. More: continued here
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The online auction site eBay is planning to split off its payments system PayPal into a separate company next year. More: continued here
Leader-Telegram Post office closed for businessLeader-TelegramCustomers must visit alternative locations to conduct postal business until the new post office on Madison Street opens in December. For full postal services customers can visit: – Eau Claire processing and distribution facility, 3510 Hogarth St. Mail … More: continued here
EBay to Split PayPal Business off Into Separate Company Next YearABC NewsEBay to Split PayPal Business off Into Separate Company Next Year. SAN JOSE, Calif. — Sep 30, 2014, 7:03 AM ET. Associated Press. EBay to split PayPal business off into separate company next year. Join the Discussion. You are using an outdated version … More:…
EBay is spinning off its online payment service PayPal as a separate company. More: continued here
The move, which Carl C. Icahn had called for, will cleave eBay almost in half, separating it from PayPal, which it acquired 12 years ago and now generates almost half eBay’s revenue. More: continued here
NEW YORK (MarketWatch) — EBay Inc. said Tuesday it is separating its eBay and PayPal businesses into two independent, publicly traded companies, in a transaction expected to be completed in the second half of 2015. "A thorough strategic review with our board shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous…