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Breaking: eBay Completes Skype Sale At $2.75 Billion Valuation

eBay has just announced that it has completed the sale of Skype , valuing the company at $2.75 billion. The investor consortium who is the buying party and will control an approximately 70 percent stake is a group led by Silver Lake and includes Joltid (i.e. the group founded by Skype's founders) and certain affiliated parties, the Canada Pension Plan Investment Board and Andreessen Horowitz. As previously announced, eBay received approximately $1.9 billion in cash and a note from the buyer in the principal amount of $125 million. The company retained an approximately 30 percent equity investment in Skype. The company also purchased senior debt securities with a face value of $50 million as part of a Skype debt financing.
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