PayPal, Inc. Initial Public Offering / Essays / ID: 481582

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ID number:481582

Author: Anonymous author (2)

Evaluation:

Published: 01.12.1996.

Language: English

Level: Secondary school

Literature: n/a

References: Not used

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Extract

PayPal, Inc.'s road to its Initial Public Offering (IPO) was rocky and strew with problems. It postponed it offering just the day before it was scheduled due to a lawsuit filed and many felt that its price would suffer as the result of decisions by Louisiana claiming that PayPal was violating banking laws.
The offering was postponed because of a lawsuit filed by privately held online security firm CertCo, charging PayPal with patent infringement. CertCo claimed that the PayPal system violated its patent for a method for making payment and transactions in an electronic payment system. …

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Essays

Business and Law

Finance, Banking

PayPal, Inc. Initial Public Offering