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EBay, Icahn end proxy fight

10
Apr
2014

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 an independent director to its board, the company said on Thursday. (Reporting by Phil Wahba in New York; Editing by Lisa Von Ahn)

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