EBay CEO Donahoe: PayPal will stay an independent company

Bloomberg

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Breaking up is easy to do in Silicon Valley. EBay is on track to split with PayPal on Monday. And PayPal is expected to price its IPO later today. EBay and PayPal will operate under a five-year agreement that will guarantee a reliable source of revenue for PayPal after the separation. EBay Chief Executive Officer John Donahoe talks to Bloomberg's Emily Chang about the split.

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