The Traderszone Network

Published in TZ Latest News 30 September, 2014 by The TZ Newswire Staff

EBay to spin off PayPal, adopting strategy backed by Icahn

The move, which Carl C. Icahn had called for, will cleave eBay almost in half, separating it from PayPal, which it acquired 12 years ago and now generates almost half eBay’s revenue.