EBay plans IPO for Skype unit

EBay plans IPO for Skype unit

SAN FRANCISCO EBay Inc. said Tuesday afternoon that it is planning an initial public offering for its Skype Internet telephony unit. In a statement EBay said it plans to complete the offering in the first half of next year, though specific timing will depend on market conditions. The company said Skype generated revenue of $551 million last year, and ended the period with 405 million registered users
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