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EBay to Buy Sites, Cut Work Force

San Jose : CA : USA | 3 months ago
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EBay Inc. said Monday it will acquire U.S.-based online-payments business Bill Me Later and two Denmark classifieds sites for $1.34 billion, while announcing a 10% cut in its global work force. The online auctioneer also said it expects to hit the low end of its third-quarter revenue guidance and will...
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