If you’re up early this morning, you should be greeted with news that the eBay-Skype deal is in fact happening. Here’s our story:

EBay is expected to announce the purchase of the popular Internet phone service Skype as early as Monday morning, which would end months of speculation about the Luxembourg firm.

The Internet company has scheduled an early morning conference call with investors, the Financial Times is reporting a deal is imminent and a source knowledgeable about the agreement confirmed the purchase of Skype is near.

A conference call to announce the deal is scheduled for 5 a.m. PST.

UPDATE: The news release is here.