Standard & Poor’s cuts eBay rating after PayPal spin-off – Economic Times

Standard & Poor's cuts eBay rating after PayPal spin-off
Economic Times
"The lower ratings reflect our downward revision of eBay's business risk profile as a result of the spin-off of PayPal, which accounts for about half of eBay's total revenues," S&P said. The rating agency expects leverage to rise on the back of

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