Forbes |
Icahn backs down from demand that eBay spin off PayPal
Reuters SAN FRANCISCO/NEW YORK (Reuters) – Carl Icahn backed off calls for eBay Inc to spin out its fast-growing PayPal payments unit on Thursday, after the billionaire investor failed to drum up support from the e-commerce company's major shareholders. Icahn settles with eBay over PayPal Ebay Makes Peace With Carl Icahn, Cuts Off Proxy Fight EBay Settles Board Fight With Icahn |
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