Home / ebay / Carl Icahn drops bid for eBay to spin off PayPal – The Verge

Carl Icahn drops bid for eBay to spin off PayPal – The Verge

Carl Icahn drops bid for eBay to spin off PayPal
The Verge
eBay has struck a deal with activist investor Carl Icahn to drop proposals for the company to spin off PayPal through an IPO, letting eBay take advantage of the market's big demand for new tech firms. While it appears that Icahn has lost this battle

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