Om Malik reported late last night that reporters have been told EBay will be hosting a 5 AM PST conference call to cover an announcement from two hours earlier. MarketWatch at 5 AM this morning posted a story with this quote from Meg Whitman:
eBay said the Skype service would be integrated into its ecommerce business, greasing the wheels of its online marketplace by making it easier for buyers and sellers to communicate. Meg Whitman, eBay’s chief executive officer, said that communications was "at the heart of ecommerce and community," and that the acquisition would create "an extraordinarily powerful environment for business on the net."
According to MarketWatch, the price is $2.6 billion (50/50 cash and shares) with $1.5 billion in additional performance related benefits as an "earn out" to Skype shareholders.
Look for more news around 8 AM when the con call happens.