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Ebay Sold Skype At $2.75 Billion Valuation
Ebay sold Skype at a valuation of $2.75 billion. That’s a hefty 17.6x EV/EBITDA multiple on EBITDA 2010E of $156 million. I wonder if investors led by Silver Lake Capital were able to finance part of the deal with acquisition debt, but the offer was reportedly not subject to financing.
Ebay originally bought skype $3.1 billion (including earn-out) and later wrote it down to $1.7 billion. Ebay will keep 35% of Skype on its books at about $1 billion.
See my previous post with a recap of key Skype financials.
