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Carl Icahn Pressing eBay For PayPal Spinoff, Board Seats

Payment platform PayPal has been one of the biggest money-makers for eBay, but if activist investor Carl Icahn gets his way, the e-commerce platform would have to envision a future without one of its best sources of revenue: In eBay's fourth quarter earnings report, released Wednesday afternoon, the company announced that Icahn is pushing for a spinoff that would turn the PayPal business into …

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