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EBay sells Skype to investor group

Authors :
Fowler, Geoffrey A.
Bryan-Low, Cassell
Source :
Wall Street Journal. Europe. Sept 2, 2009, A7
Publication Year :
2009

Abstract

EBay Inc. has agreed to sell a 65% stake in its Internet-phone business, Skype, to a group of private investors led by private-equity firm Silver Lake Partners for $1.9 billion in cash and a $125-million note. Ebay will retain 35% of Skype. The transaction values Skype at $2.75 billion.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.207121263