Posts Tagged ‘spin-off’

Ebay spinning off Skype

April 15, 2009

“Skype will be spun off in an IPO early next year, eBay announced Tuesday, acknowledging that the internet telephone company the auction giant acquired three years ago for $2.6 billion was a bad fit. ”

Ebay was like the girl wowed by the charmer and just wouldn’t listen to what everyone was saying at the time.  Now we get to feel righteous as we say, “I told you so!”