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eBay sells majority stake in Skype to group of investors

Posted on Wednesday, September 02 2009 @ 20:45:52 CEST by


DailyTech reports eBay has sold 65 percent of Skype to a group of investors for $1.9 billion cash, 35 percent equity investment and $125 million bond.
EBay yesterday confirmed it has sold most of Skype to a group of investors for $1.9 billion. The investors now own 65 percent of the company best known for its VoIP service, with the following financial breakdown: $1.9 billion cash, 35% equity investment and $125 million bond -- ends up being just a bit less than the $3.1 billion eBay paid four years ago.

"Selling Skype now at this great valuation, while retaining an equity stake, makes sense for the company," said eBay CEO John Donahoe, said in a press statement. "And it allows us to focus all of our energies on the opportunities in front of PayPal and eBay."




 



 

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