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.


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) forward Monday announced plans to acquire PayPal, Inc. (PYPL) a global payment platform used according to its members to settle auction purchases. The deal, which is make subordinate to stockholder, government and regulatory approvals, is wait fored to close around year-end 2002

Some 60 percent of PayPal's business popularly takes place on ...



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