EBay gets antitrust OK to buy Bill Me Later

WASHINGTON, Nov 6 (Reuters) - Online auction company eBay Inc (EBAY.O) has received U.S. antitrust approval to buy Bill Me Later Inc, the Federal Trade Commission said on Thursday.

EBay had announced plans for the acquisition in mid-October, saying it would pay about $924 million for the company. EBay has borrowed $1 billion under its revolving credit facility to finance the transaction, and other general corporate services, the company said on Oct. 17.

News that the deal was approved came in a listing of approved deals that the FTC issues several times a week.

U.S.-based Bill Me Later offers consumers deferred payments and financing promotions. (Reporting by Diane Bartz; Editing by Tim Dobbyn)