EBay plans IPO for Skype, undoing $2.6B-plus deal

(AP) -- EBay Inc. plans to spin off its Internet communications service Skype through an initial public offering, undoing a $2.6 billion acquisition that puzzled analysts and eBay struggled to justify.

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<p><a href="http://www.physorg.com/news158949373.html">EBay plans IPO for Skype, undoing $2.6B-plus deal</a></p> <p>(AP) -- EBay Inc. plans to spin off its Internet communications service Skype through an initial public offering, undoing a $2.6 billion acquisition that puzzled analysts and eBay struggled to justify.</p>