SAN JOSE, Calif. (AP) — Carl Icahn is backing down from his push to remake eBay, settling an acrimonious dispute just ahead of what promised to be an awkward annual shareholder’s meeting.
SAN JOSE, Calif. (AP) — Carl Icahn is backing down from his push to remake eBay, settling an acrimonious dispute just ahead of what promised to be an awkward annual shareholder’s meeting.
NEW YORK (Reuters) – EBay Inc and Carl Icahn have ended their proxy fight, with the activist investor dropping his proposal that the e-commerce company split off its PayPal payments unit and withdrawing his two nominees for the eBay board. EBay will add David Dorman, a founding partner of investment firm Centerview Capital Technology, as […]
Activist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering, a change in tack from his previous call for a complete spinoff. Icahn in January called for eBay to hive off its fast growing PayPal business, arguing the unit is undervalued […]
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