eBay (EBAY) Could Spin PayPal Unit in 2015 - Reports

August 21, 2014 10:17 AM EDT

eBay (NASDAQ: EBAY) could spinoff ts PayPal unit as soon as next year.

The Information notes that eBay has been telling potential CEO candidates for PayPal CEO about the plan recently. PayPal is looking for a new CEO following the recent departure of David Marcus.

For more color, click here.

Shares of eBay are up 2.2 percent.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Rumors, Special Reports, Trader Talk

Add Your Comment