/ Technology

eBay agrees to acquire PayPal in $1.5 billion stock swap

The deal widens the small-merchant marketplace for eBay and readies it for movement toward a more general marketplace. PayPal shareholders, which hold 60.6 million shares, will receive 0.39 shares of eBay for every share of PayPal.

Posted 07/08/2002Kurt PetersPost a comment

/ E-Retailers

EBay Outbids Earnings Estimates

eBay says it will carry out a 2-for-1 stock split on the heels of a 66% increase in first-quarter net earnings over the same period last year. Coming in at $8 million, or 5 cents per share, the earnings results beat analysts' estimates of 3 cents per share. Analysts speculate that the news could help boost recently beleaguered Internet stocks. Still, most of eBay's earnings came from interest and investments, rather than operations, the company...

Posted 01/19/2001Don DavisPost a comment

What eBay Gets from Its New Best Friend

eBay has high expectations for how PayPal can help it expand its market—and not just in auctions.

Posted 09/30/2002Internet RetailerPost a comment