PayPal has acquired Xoom Inc.,  a money-transfer service provider with a footprint in China and Spanish- and Portuguese-speaking countries, for about $890 million, or $25 a share for the publicly traded company (Nasdaq:XOOM).

Interesting timing, given that EBay and PayPal are splitting later this month into two companies.

The transaction is 32 percent over Xoom's three-mon

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