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Exclusive: Icahn’s stake in eBay close to 2 percent – source

24
Jan
2014

Activist investor Carl Icahns stake in e-commerce company eBay Inc is more than previously reported at close to 2 percent, a source familiar with the matter said on Thursday. EBay said this week that Icahn had taken a 0.82 percent interest in the company earlier this month and made a non-binding proposal for eBay to spin off its PayPal payments business. EBay has a market capitalization of about $70 billion. Representatives for both EBay and Icahn did not immediately respond to a request for comment on the size of Icahns stake.

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