EBay Inc. said Thursday that it expects to remain a “significant†shareholder after spinning off its Internet communications service Skype.
During a conference call with analysts, Chief Financial Officer Bob Swan said the online marketplace operator intends an “ultimate full separation of Skype.†The first stage will involve the initial public offering announced Tuesday, after which eBay initially expects to stay a “significant†Skype shareholder, he said.
Beyond that, eBay will determine the best plan to fully separate Skype, he said.
Chief Executive John Donahoe said that if the company receives an unsolicited offer to buy Skype, it will evaluate it against how it thinks it can fare through a public offering.
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Conference | EBay expects to keep ’significant’ stake in Skype | Conference calling said
April 17 2009 @ 9:45 am
[...] EBay expects to keep ’significant’ stake in Skype Tags: chief-financial, Conference, internet, officer, public-offering, the-initial, tuesday, will-determine [...]