EBay Plans $5B PayPal Dowry As Part Of Spinoff

Law360, New York (February 11, 2015, 5:27 PM ET) — When eBay Inc. moves forward with its long-awaited plan to spin off its lucrative PayPal Inc. unit, a decision that came after months of activist pressure, the online auction giant will bid the payments processor adieu with a hefty gift — $5 billion in cash, eBay said Wednesday.

Read more at: law360.com

Posted on February 17, 2015 at 09:32 No comments

Categories: eWallet / mWallet

Recieve new post updates: Entries (RSS)
Recieve follow up comments updates: RSS 2.0

No comments yet. You should be kind and add one!

Leave a Reply

The comments are closed.