EBay announced it will-at Carl Icahn's urging-appoint business executive David Dorman as an independent director. In exchange, Icahn said he'll back off. More: continued here
Read More »Why We Are Positive On eBay – Forbes
Why We Are Positive On eBayForbeseBay 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 international … More: continued here
Read More »Carl Icahn drops bid for eBay to spin off PayPal – The Verge
Carl Icahn drops bid for eBay to spin off PayPalThe VergeeBay 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 …
Read More »Icahn Ends His Potentially Bloody War Against eBay – TIME
Icahn Ends His Potentially Bloody War Against eBayTIMECarl Icahn is again ending a fight against a tech giant without getting everything he wanted. The activist investor has reached a truce with eBay that will end Icahn's very public demands that the auction site spin-off its subsidiary PayPal. Icahn will … …
Read More »A Week of Talks Led to Icahn and eBay Settlement – TheStreet.com
A Week of Talks Led to Icahn and eBay SettlementTheStreet.comNEW YORK (TheStreet) – Carl Icahn has reached a settlement with eBay (EBAY) that ends a scorched-earth campaign run by the billionaire activist to have the e-commerce giant split its PayPal division and elect two of his board nominees. Instead, eBay… …
Read More »Icahn pulls proposal that eBay sell off PayPal – Reuters
Forbes Icahn pulls proposal that eBay sell off PayPalReutersNEW YORK (Reuters) – 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 …
Read More »eBay Inc. and Carl Icahn Settle Proxy Fight
eBay Inc. today announced that it has reached an agreement with investor Carl Icahn, ending the proxy contest before the company’s upcoming annual meeting of stockholders. More: continued here
Read More »EBay Settles Board Fight With Icahn – New York Times
New York Times EBay Settles Board Fight With IcahnNew York TimesEBay announced on Thursday that it had reached a settlement with the billionaire Carl C. Icahn, putting an end to an often bitter feud between the two sides. Under the terms of their deal, Mr. Icahn will withdraw his bid …
Read More »EBay, Icahn settle proxy fight
SAN JOSE, Calif. (AP) — Carl Icahn is backing down from his push to remake eBay, settling an acrimonious dispute just ahead of what promised to be an awkward annual shareholders meeting. More: continued here
Read More »EBay, Icahn End Proxy Battle
EBay will add David Dorman to its board, appeasing activist investor Carl Icahn who called for the online marketplace to spin off PayPal. More: continued here
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