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Posts Tagged ‘eBay’

(Reuters) – EBay Inc founder and Chairman Pierre Omidyar rejected investor Carl Icahns call to separate the companys fast-growing PayPal payments unit, saying the businesses were better off together. Omidyar, who is the largest shareholder in eBay with a stake of 8.37 percent, said separating PayPal from eBay was not a new idea and the […]

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NEW YORK (AP) — EBay and activist shareholder Carl Icahn are continuing their war of words over PayPal.

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In his quest to force eBay to spin off Paypal, activist investor Carl Icahn has nominated two of his own employees to the companys board. He wants them to replace current board members Marc Andreessen and John Cook, and in an open letter to shareholders, Icahn ripped into the duo, accusing them of putting their own […]

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