Card recents 07-11-2002 eBay to A...
Card recents
07-11-2002
eBay to Acquire PayPal in $15 Billion Deal
Volume: 17
Number: 14
ISSN: 08940797
Publication Date: 07-11-2002
Page: 1
Type: Periodical
Language: English
In the latest salvo in the ongoing battle of e-commerce consolidation, Internet auction firm eBay (EBAY) in succession Monday announced plans to acquire PayPal, Inc. (PYPL) a global payment platform used by means of its members to settle auction purchases. The deal, which is make subordinate to stockholder, government and regulatory approvals, is awaited to close around year-end 2002
Some 60 percent of PayPal's business generally takes place on ...
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