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eBay Plans To Separate From PayPal
ResumeE-commerce company eBay announced today that it will spin off its PayPal business into a separate, publicly traded company next year.
This is a victory for eBay investor Carl Icahn who has been pushing for a separation for months.
The latest move marks a big reversal, since eBay has long opposed the split.
Jason Bellini from the Wall Street Journal joins Here & Now's Robin Young to discuss the split.
Guest
- Jason Bellini, video reporter and senior producer for the Wall Street Journal. He tweets @jasonbellini.
This segment aired on September 30, 2014.