EBay Settles Icahn Proxy Fight, Adds Independent Director (3)BusinessweekEnding an acrimonious four-month disagreement over whether to split off the PayPal payments unit from the largest online marketplace, EBay said it would bring on an independent director to its board. In return, Icahn said he would drop his campaign to … …
Read More »Activist investor Icahn gains little after agreeing truce with eBay – Financial Times
Activist investor Icahn gains little after agreeing truce with eBayFinancial TimesThe two sides agreed to appoint one of Mr Icahn's nominees, David Dorman, as independent director to its board. Mr Dorman is former chairman of Motorola and telecoms group AT&T. His settlement with eBay is the latest in a series …
Read More »So who blinked, Icahn or eBay? CEO’s take on truce – CNBC.com
So who blinked, Icahn or eBay? CEO's take on truceCNBC.comEBay and activist investor Carl Icahn called a truce Thursday ahead of next month's annual shareholders meeting. The e-commerce giant announced it will—at Icahn's urging—appoint former AT&T chief David Dorman as an independent director. In exchange … More: continued here
Read More »Ebay and Carl Icahn settle bitter dispute – San Jose Mercury News
Ebay and Carl Icahn settle bitter disputeSan Jose Mercury NewsSAN JOSE — EBay and activist investor Carl Icahn have settled the biggest spat of 2014 between a tech company and a hedge fund manager, offering eBay, at least for the moment, relief from scrutiny over its business decisions. After months …
Read More »UPDATE 4-Icahn backs down from demand that eBay spin off PayPal – Reuters
UPDATE 4-Icahn backs down from demand that eBay spin off PayPalReutersIcahn withdrew his two nominees to eBay's board ahead of the company's annual meeting in May. But in a concession to the famously pugnacious activist investor, eBay added David Dorman, a founding partner of investment firm Centerview Capital … More: continued …
Read More »Icahn May Someday Win, and eBay Will Spin Off PayPal – New York Times
Icahn May Someday Win, and eBay Will Spin Off PayPalNew York TimesFred Prouser/ReutersMarc Andreessen, a co-founder of the venture capital firm Andreessen Horowitz and a member of eBay's board, fought back against criticism from the activist investor Carl Icahn. Carl C. Icahn has lost the battle of bluster at eBay. …
Read More »‘Frozen’ Elsa dress selling for $1000 on eBay – CNNMoney
CNNMoney 'Frozen' Elsa dress selling for $1000 on eBayCNNMoneyBut on eBay, desperate parents can shell out over $1,000 to grab a limited-edition version of the dress that cost $149.95 when it first hit Disney stores in mid-November. A cheaper version made by toy maker Jakks Pacific (JAKK), which originally …$1700 …
Read More »Icahn settles with eBay over PayPal – CNNMoney
Forbes Icahn settles with eBay over PayPalCNNMoney"I continue to believe that eBay would benefit from the separation of PayPal at some point in the near future and intend to continue to press my case through confidential discussions with the company," Icahn said in his statement about his deal with eBay.Icahn …
Read More »Icahn backs down from demand that eBay spin off PayPal
SAN FRANCISCO/NEW YORK, April 10 (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 withdrew his two nominees to eBay's board ahead of …
Read More »UPDATE 3-Icahn pulls proposal that eBay sell off PayPal – Reuters
UPDATE 3-Icahn pulls proposal that eBay sell off PayPalReutersEBay said on Thursday that it had settled its proxy fight with the billionaire, who also withdrew his two nominees for the eBay board ahead of the company's annual shareholder meeting next month. In a concession to Icahn, eBay said it would …
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