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EBay Bets PayPal In-House Beats Icahn's Plan: Real M&A
Bloomberg EBay Inc. (EBAY) is willing to forgo a possible 26 percent stock pop by rejecting Carl Icahn's proposal to split off PayPal, banking instead on the promise of longer-term rewards by keeping its online payment unit in-house. Shareholders including … EBay reliance on PayPal for growth lowers chances of spinoff EBay Shouldn't Unfriend Its PayPal EBay Rejects Carl Icahn's PayPal Spin-Off, But Analysts Are Optimistic |
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