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Monday, August 9, 2010

Skype files plans for Initial Public Offering

Voice-over-IP provider Skype has filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering of its shares. The number of shares to be offered and the price range for the offering haven't yet been fixed.

Luxembourg-based Skype, which was founded in 2003, was sold to eBay in 2005. eBay then sold the majority of Skype last year, retaining a 30% stake.

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