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Posts Tagged ‘Ebay Inc’

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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EBay Inc on Monday rejected activist investor Carl Icahns two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting. Icahn, who owns just over 2 percent of the e-commerce company, has been pressuring eBay for weeks to spin off its PayPal payments business. He […]

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(Reuters) – EBay Inc in a preliminary proxy statement on Monday urged its shareholders to vote against the two directors whom activist investor Carl Icahn nominated to its board. The e-commerce company said that both nominations were rejected by its boards Corporate Governance and Nominating Committee. Icahn, who owns just over 2 percent of eBay, […]

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