Adam Sarhan IBTimes.com Quote: EBay Unveils Plans To Spin Off PayPal In 2015
By Jessica Menton @JessicaMenton on September 30 2014 8:49 AM EBay Inc. unveiled plans on Tuesday to separate the e-commerce giant and PayPal into independent publicly traded companies in 2015, a move activist investor Carl Icahn demanded earlier this year. The move pleased Wall Street; shares in eBay jumped 7 percent to $56.35 in morning trading on the NASDAQ….