Sidestepping a promised IPO, eBay (EBAY +3%) confirms its sale of 65% of Skype to a group led by...

|About: eBay Inc. (EBAY)|By:, SA News Editor

Sidestepping a promised IPO, eBay (EBAY +3%) confirms its sale of 65% of Skype to a group led by Silver Lake which includes Index Ventures, Andreessen Horowitz and the Canada Pension Plan. Price: $2.125B, including $1.9B in cash.