Tuesday, September 1, 2009

EBay sells majority stake in Skype for $1.9 billion

EBay has reached an agreement to sell a 65 percent stake in its Skype Internet telephony, video conferencing and instant messaging unit for $1.9 billion in cash to an investor group led by Silver Lake.

In addition, eBay will receive a note in the principal amount of $125 million from the buyers, which also include Index Ventures, Andreessen Horowitz, and the Canada Pension Plan Investment Board, the company said Tuesday.

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