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Bidders For eBay Classifieds Unit Ready To Pay Up To $2.6B

PYMNTS

Those who are left taking part in the auction are Adevinta ASA, Prosus NV, and a group composed of Blackstone Group Inc., It has valuation exceeding 20 times earnings before interest, tax, depreciation and amortization (EBITDA). With the last bids due in early July for eBay Inc.’s billion worth of debt to finance the transaction.

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Can Legal Pot Thrive With Closed-Loop Payments?

PYMNTS

Governor Steve Sisolak (D-NV) has authorized what The Associated Press called a “limited marijuana banking system” for the state, a tourist mecca where recreational cannabis is legal. The bill authorizing the program, AB466 , gives an operational time frame for the program, running from Oct. Three-Year Pilot.

Oregon 136