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    Default eBay to spin off PayPal into separate public company in 2015

    eBay will spin off its online payment division PayPal into its own separate, and publicly traded, company sometime in the second half of 2015. eBay claims that keeping PayPal around beyond 2015 "clearly becomes less advantageous to each business strategically and competitively."

    Full story from the iMore Blog...

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