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EBay, Icahn reach truce

By Phil Wahba NEW YORK (Reuters) – EBay Inc and Carl Icahn ended their proxy fight on Thursday as the activist investor dropped his proposal that the e-commerce company split off its PayPal payments unit and withdrew his two nominees for the eBay board. Icahn in January called for the company to hive off its fast-growing PayPal business, arguing the unit is undervalued as part of eBay. In the …

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