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[Reuters] EBay to buy Braintree to boost PayPal's mobile presence

Posted By: UGN Security

[Reuters] EBay to buy Braintree to boost PayPal's mobile presence - 09/26/13 10:25 PM

(Reuters) - Ebay Inc will buy payment gateway Braintree for about $800 million to strengthen its PayPal unit's presence on mobile devices and take out a rapidly growing rival.






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