eBay pulls a rabbit out of the bag, but it could have been so much better 02 Sep 09
You have got to admire the negotiating skills of eBay's John Donahoe. One minute he was facing up to the possibility of a largely self-inflicted disaster over Skype, the next he had concluded a deal to sell a majority share in the business to a consortium of venture capital firms at a price which valued it close to the amount eBay originally paid in 2005. And if that turns out to be too low, the 35% stake in Skype that eBay continues to hold offers a very handy insurance policy.
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