Monday, October 10, 2005
EBay's PayPal to buy VeriSign unit for $370 mln - Yahoo! News
"EBay Inc. will buy VeriSign's payment processing business for $370 million and merge it with its PayPal unit as part of a wider e-commerce payment services and security alliance, the companies said on Monday. PayPal said the payment gateway business would generate an incremental $100 million of revenue for it in 2006."
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