Friday, September 09, 2005

EBay shares pressured on report of bid for Skype

Internet Services - Internet Software - Internet - M&A - Markets/Exchanges - Market News: " EBay Inc., the world's largest online auction company, is reportedly in talks to buy Skype Technologies SA, a provider of Internet phone service, for at least $2 billion.

The Wall Street Journal reported eBay (EBAY: news, chart, profile) is in talks to acquire European-based Skype for between $2 billion and $3 billion, citing unnamed sources familiar with the matter. The New York Post reported eBay's offer was as high as $5 billion. "

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