In September 2014, eBay announced plans to separate eBay and PayPal. In a recent SEC filing , eBay confirmed that a newly formed corporation named PayPal Holdings, Inc. (“PayPal”) will take over the businesses that make up eBay’s payments segment. eBay, the existing publicly traded corporation, will continue to operate its marketplaces business.
The separation, which will provide current eBay stockholders with equity ownership in both eBay and PayPal, will be effected by means of […]
