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S&P cuts eBay rating after PayPal spin-off
Business Insider NEW YORK (IFR) – Standard & Poor's said on Monday it had lowered its credit rating on internet giant eBay Inc. by two notches to 'BBB+' from 'A' following its split from PayPal. The rating was in line with what the company said it was expecting. "The … Fitch Downgrades eBay to 'BBB' on PayPal Separation; Outlook Stable UPDATE: S&P Downgrades eBay (EBAY) to 'BBB+'; Reflects 'Satisfactory' Business … |
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