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eBay will lay off about 10 percent of its workforce, the company announced Monday, and said third-quarter results will come in at the low end of expectations.
The company also announced plans to acquire online payments business Bill Me Later for $820 million in cash and approximately $125 million in outstanding options, as well as Danish classifieds specialist Den Bla Avis and vehicle site BilBasen for approximately $390 million in cash.
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