2005-10-11

Misc - EBay Acquiring VeriSign for $370 Million

VeriSign will be merged with PayPal and is estimated to generate a 20 percent operating margin which eBay hopes to help offset the recently reported high purchase price of Skype.
http://today.reuters.com/business/newsArticle.aspx?type=ousiv&storyID=2005-10-11T012150Z_01_BAU073533_RTRIDST_0_BUSINESSPRO-VERISIGN-PAYPAL-DC.XML