eBay Repatriates $9B in Overseas Cash – EBAY
April 30, 2014 at 06:41 AM EDT
Ebay (EBAY) has announced that it will bring around $9 billion of its foreign-held cash back to the US, The Wall Street Journal reports. The e-commerce giant, which on Tuesday reported a Q1’14 loss of $2.3 billion, will have to take a $3 billion tax charge to bring this cash into the US. In a […] View the full post at: eBay Repatriates $9B in Overseas Cash – EBAY Related posts: eBay Announces Two New Acquisitions, Cuts Workforce by 10% Skype Founders Showing Interest in Buying the Service Back from Ebay eBay Looking to Sell StumbleUpon