Deals
EBay Said to Plan Sale of Enterprise Unit in Time for Split
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EBay Inc. plans to select a buyer for its enterprise division by July 1, when the e-commerce company plans to officially split off its PayPal division, people familiar with the matter said.
Private equity firm Thomas H. Lee Partners is one of the remaining bidders, said the people, who asked not to be named because the negotiations are private. A sale could value the unit between $1 billion and $1.5 billion, the people said.