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Icahn pulls proposal that eBay sell off PayPal

Activist investor Carl Icahn has dropped his call for eBay Inc to split off its fast-growing PayPal payments unit but has suggested he would keep pressure on the e-commerce company. EBay said on Thursday that it had settled its proxy fight with the billionaire, who also withdrew his two nominees …

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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 …

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Why We Are Positive On eBay – Seeking Alpha

Why We Are Positive On eBaySeeking AlphaeBay (EBAY) has done well in recent years by reviving its marketplaces business and accelerating PayPal's growth across the board. We continue to remain positive on the company's prospects due to its strong performance in North America and … More: continued here

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