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Amiga News and Community Announcements => Amiga News and Community Announcements => General Internet News => Topic started by: GadgetMaster on July 09, 2002, 05:37:41 AM

Title: eBay buys PayPal
Post by: GadgetMaster on July 09, 2002, 05:37:41 AM

eBay is to buy Paypal, for $1.5bn in stock.

That's sorted then, or it will be when the deal closes at the end of the year. PayPal conducted its IPO in February - four months ago. Surely the point of that exercise was not to sell up so soon? All that expense could have been avoided by going for the trade sale in the first place.

More Here (http://www.theregister.co.uk/content/23/26080.html)

Source: TheRegister (http://www.theregister.co.uk)

Title: Re: eBay buys PayPal
Post by: GadgetMaster on July 09, 2002, 05:55:09 AM

I thought this would be of general interest as many of you probably have paypal accounts.

Title: Re: eBay buys PayPal
Post by: Blitter on July 09, 2002, 09:41:09 AM

Thankfully I don't, but thanks for the heads up.  Now I know I won't ever get one in the near future.  Sorry, I've had too many bad experiences with eBay, both buying and selling.

Blitter

Title: Re: eBay buys PayPal
Post by: ilgulamc on July 09, 2002, 04:52:05 PM

i always had good experiences in ebay, both buying and selling! ebay rocks!