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Politics : Politics for Pros- moderated
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To: Nadine Carroll who wrote (138470)9/12/2005 3:18:18 PM
From: kumar   of 794094
 
NEW YORK (MarketWatch) -- EBay Inc., the top online auctioneer, said Monday that it agreed to pay up to $4.1 billion for Internet-phone upstart Skype Technologies SA, an expensive bet to enter a crowded market and improve communication for eBay users.

Under the terms of the deal, reports of which first surfaced last week, eBay initially will pay $2.6 billion -- half in cash and the rest in stock. The company could pay up to an additional $1.5 billion if Skype's business meets certain performance incentives.
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