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Sep. 4, 2002

EBay Purchase of PayPal Gets Past Justice's Scrutiny

Online auction giant eBay Inc. of San Jose is one step closer to buying electronic payment service PayPal Inc. in a $1.5 billion stock deal.

By Toni Vranjes

        Online auction giant eBay Inc. of San Jose is one step closer to buying electronic payment service PayPal Inc. in a $1.5 billion stock deal.
        The U.S. Justice Department has completed its review, and the fate of the deal lies with other regulators and PayPal shareholders. Alison Ressler, an outside lawyer representing eBay, expects the merg...

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