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PayPal, eBay to stay interdependent for 5 years after split

PayPal, eBay Inc's electronic payments division, said the two firms had agreed that eBay would not reduce the volume of transactions it channels through PayPal, while continuing to get better rates for its merchants for five years after the two split. PayPal is slated to be separated from eBay's marketplace division in the second half of this year, creating a publicly traded company, which some …

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