davidw
09-12-2005, 3:21 PM
eBay Inc. (http://www.lightreading.com/docurl_redirect.asp?u=http%3A%2F%2Fwww%2Eebay%2Eco m) has agreed to buy Luxembourg-based VOIP service provider Skype Technologies SA (http://www.lightreading.com/docurl_redirect.asp?u=http%3A%2F%2Fwww%2Eskype%2Ec om) in a deal worth an initial $2.6 billion, but potentially worth $4.1 billion.
The online retailer will pay an initial $1.3 billion in cash plus 32.4 million shares, currently worth $1.25 billion -- plus a further payment of up to $1.5 billion in 2008 or 2009 if financial targets are met. The deal is expected to close in the fourth quarter of 2005.
More (http://www.lightreading.com/document.asp?doc_id=80389&WT.svl=news2_2)
The online retailer will pay an initial $1.3 billion in cash plus 32.4 million shares, currently worth $1.25 billion -- plus a further payment of up to $1.5 billion in 2008 or 2009 if financial targets are met. The deal is expected to close in the fourth quarter of 2005.
More (http://www.lightreading.com/document.asp?doc_id=80389&WT.svl=news2_2)