PayPal Spinoff from eBay is Now Complete

The long awaited PayPal spinoff from eBay was completed this week.

eBay announced its plans to spin off PayPal as an independent business late in 2014.

eBay is refining and re-balancing its various business arms by separating from PayPal. eBay is also selling its eBay Enterprise unit.

Another part of the deal has PayPal returning as a publicly traded company. It will appear on the NASDAQ stock exchange under the ticker symbol, PYPL.

eBay has made sales of everything, from the most common...

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