San Jose Mercury-News: PayPal execs plan to sell shares

Yesterday, PayPal filed an S-1 with the SEC for a secondary offering of shares — with all of the up to 6.9 million shares being sold by selling shareholders, primarily executives of the company.

In the filing, the company also disclosed that it has moved its credit card merchant business from EPX to Wells Fargo Bank.

This site uses Akismet to reduce spam. Learn how your comment data is processed.