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eBay very glad it owns PayPal (from Corporate Dealmaker)

eBay Inc. (NASDAQ:EBAY) has good reason to be unhappy with its 2005 acquisition of internet telephony provider Skype. But according to a report in BusinessWeek, the online auctioneer has plenty of reason to be pleased with its 2002 acquisition of online payments service PayPal -- and plans to explain them,...

Posted on March 9, 2009 1:24 PM

eBay to fire 1,000, spends $1.3B on M&A (from Corporate Dealmaker)

To create a more agile company, eBay Inc. plans to reduce its global workforce by about 10%, affecting around 1,000 employees in addition to several hundred temporary workers. It's also continuing to expand beyond its core auction site. Looking for more profitable endeavors, eBay acquired Denmark's leading online classifieds...

Posted on October 6, 2008 12:34 PM