Ron Burgundy Posted August 21, 2014 Share Posted August 21, 2014 (Reuters) - EBay Inc is considering spinning out its fast-growing payments unit PayPal as soon as next year, news website The Information reported, citing sources. EBay shares were up 5 percent at $56.08 on the Nasdaq. The company has told potential recruits for the position of PayPal CEO about a possible spin-off of the payments unit, the website reported. PayPal's previous chief executive, David Marcus, left the company in June to run Facebook Inc's messaging products. View the full article Quote Link to comment Share on other sites More sharing options...
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