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Illinois has pledged $12 million over 10 years to eBay in exchange for the creation of 360 jobs in downtown Chicago, Gov. Pat Quinn’s office said Friday.

EBay last year acquired Braintree, a Chicago payment processor for smartphones and tablets. Now eBay is agreeing to keep Braintree and its 140 jobs in the city, as well as create more jobs.

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Employees work at Braintree.
Photo courtesy of Braintree

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