BUSINESS
05/15/2009 05:12 am ET Updated May 25, 2011

EBay plans IPO for Skype, citing limited synergies by AP: Yahoo! Tech

EBay Inc. plans to spin off its Internet communications service Skype through an initial public offering.

San Jose, Calif.-based eBay said Tuesday it expects to complete the IPO in the first half of next year, though it said the timing will be based on market conditions.

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