EBay announced on Tuesday that it was selling Skype to a group of investors for 1.9 billion dollars and retaining a 35 percent stake in the Internet communications firm.
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Oh man, I saw the article title and thought someone had sold Skype through eBay.
The internet auction company paid a total of $3.1bn for the telephone service between 2005 and 2007 and is now locked in a legal battle with the technology's owner, Joltid, a company owned by Skype's founders. That may make it impossible for eBay to follow its plan to float Skype on the stock market next year – and give one of Skype's creators, Niklas Zennström, the upper hand in any negotiations. Zennström has been angling to buy the company back.