New York Times |
EBay to Spin Off PayPal, Adopting Icahn's Strategy
New York Times PayPal was the focus of a lengthy battle between eBay and Mr. Icahn, who demanded a spinoff of the unit as a way to generate value for shareholders. Such a move, the hedge fund billionaire contended, would highlight PayPal's own strengths while letting … EBay spinning off PayPal as separate company Ebay To Break Up With PayPal, Icahn Pushes For Payments Consolidation EBay's Biggest Auction Yet |
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