eBay, Carl Icahn end warCNETIcahn will withdraw his proposal that the board spin off eBay's PayPal business and that the board appoint two of his choices to the board of directors, eBay said Thursday. In return, eBay will appoint Icahn nominee David Dorman as an independent … More: continued here
Icahn says eBay shareholders resisted PayPal split: CNBCReutersIcahn, who on Thursday backed off a very public campaign against the board of the Internet retailer and his own demands that PayPal be spun off, told CNBC in an interview he had not capitulated and still desired to see an eBay-PayPal split at some point. More: continued…
Ebay and activist investor Carl Icahn settle proxy fightLos Angeles TimesThe two had been embroiled in a public spat over accusations by Icahn that two members of eBay's board of directors had conflicts of interest and that the company had failed to get the full value for Skype, a video chat service, when it was…
EBay, Icahn Settle Proxy FightABC NewsIcahn and eBay had been in an acrimonious tussle over PayPal, the e-commerce company's quickly growing mobile payment arm. Icahn, who owns about 2 percent of eBay's shares, said repeatedly the company should spin off all or part of PayPal, while … More: continued here
eBay stock now trading lower than when Carl Icahn first disclosed stake. More: continued here
eBay, Icahn settle contentious board feudVentureBeateBay said Thursday morning that it has reached a truce with activist investor Carl Icahn, who has harshly criticized the board's activities, including its handling of the Skype sale. Icahn will withdraw his two board nominee proposals as well as his … More: continued here
EBay Settles Icahn Proxy Fight, Adds Independent DirectorBloombergEBay Inc. (EBAY) reached a deal with activist investor Carl Icahn to stop his proxy fight by agreeing to add another independent director, ending weeks of acrimony and keeping the e-commerce company intact. Icahn, who took a stake in EBay in January … More: continued here
Chron.com Stocks drop; biotech takes another plungeLos Angeles TimesNEW YORK—. Another plunge in the biotechnology sector led stock indexes down Thursday, as Biogen Idec, Gilead Sciences and other biotech companies extended a recent slump. EBay fell after Carl Icahn abandoned an effort to shake up the company and …Stocks Take Another Tumble; eBay Heads LowerABC NewsUS…
eBay and Icahn settle proxy fightZDNetThe contentious squabble between eBay and billionaire investor Carl Icahn has finally cooled as both parties reached an agreement to end their proxy contest for the company's upcoming annual meeting of stockholders. Icahn is withdrawing both his … More: continued here
Carl Icahn will withdraw both his proposal that eBay spin off its PayPal business and his two nominations for candidates for the company's board in exchange for the appointment of an independent director…. More: continued here