eBay Paying Nearly $4 Billion for Skype

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eBay agreed to buy Internet start-up Skype for up to $4.1 billion in cash and shares, in a move to tap new sources of growth and add free Web telephone calls to its online auctions.


eBay said on Monday it planned to pay $1.3 billion in cash and $1.3 billion in stock for the online communications company. It will make a further payout of up to $1.5 billion if certain financial targets are met.


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