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

August 21, 2014 10:17 AM EDT Send to a Friend

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.

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Shares of eBay are up 2.2 percent.





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