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Oct 6, 2008 7:17 AM
eBay (NSDQ: EBAY) announced two acquisitions—spending over $1.3 billion altogether—this morning designed to shore up its other parts of its business in the face of declining profits and stagnant traffic at its primary online auction site. The company also finally addressed layoff rumors and said that it is indeed cutting…
Posted In: Media & Publishing, Money, M&A & Venture Capital, Mergers & Acquisitions, bilbasen, bill me later, den bla avis, denmark, ebay
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