Web-based auction services like eBay give businesses and individuals the power to buy and sell merchandise on the Internet without setting up their own websites. EBay owns an electronic payment ...
In January, John Donahoe, the C.E.O. of eBay, declared that he and his company’s board were resoundingly opposed to the idea, floated by Carl Icahn, the activist investor, to spin off PayPal. The ...
The PayPal-eBay merger has hit an early snag: Two shareholder lawsuits have been filed against the companies seeking to block the deal. The lawsuits, each filed in Delaware Chancery Court earlier this ...
EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay’s shares up nearly 7 percent in ...
EBay and PayPal are taking another step toward divorce. And as is the case in many such separations, one side is the winner and the other is left wondering just how things got to this point. EBay said ...
PayPal and eBay are officially breaking up and will start trading as individual companies next month. On Friday, eBay's board of directors approved the completion of PayPal's separation from the ...
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