November 19th 2009 11:39 pm
EBay completes sale of Skype
EBay, which also owns web payment unit PayPal, recently completed the sale of Skype, a web telephone service.
Ebay said in a statement, they received approximately $1.9 billion in cash and a note in the principal amount of $125 million, for their Skype unit which was valued at $2.75 billion.
I’ve heard some people are happy Ebay sold this unit and would certainly not shed any tears if they decided to sell off PayPal either.
No Comments yet »