News PayPal to separate from eBay in 2015

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PayPal is splitting from eBay and will become a separate and publicly traded company next year.

Almost a year after billionaire Carl Icahn opened a proxy fight pushing for the spinoff of PayPal, eBay president and CEO John Donahoe said that, "The industry landscape is changing, and each business faces different competitive opportunities and challenges."

Read more: PayPal to separate from eBay in 2015 - The Times of India
 
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