Nasdaq – 4/9/15: Even after splitting up later this year, eBay Inc. and payments unit PayPal will be joined at the hip. EBay has agreed to ensure that roughly 80% of gross merchandise sales on its online marketplace are routed through PayPal for the next five years, as they are today. If PayPal’s share dips below that level, eBay will have to pay its former subsidiary restitution.
Click here to read more: http://www.nasdaq.com/article/ebay-paypal-offer-new-details-on-planned-split-20150409-01148

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