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by tolle
2710 days ago
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I have not checked the details, but I read it as someone who held a share in Ebay+PayPal prior to PayPal being spun of got an Ebay share + X PayPal shares at the time of the spinoff. I don't think PayPal was bought for $50B, it was valued as that as a separate entity. The PayPal share has doubled in value since the split. |
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