EBay CEO: Truce signals Icahn a long-term investor
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
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
NEW YORK (TheStreet) – Carl Icahn has reached a settlement with 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 and Icahn reached a settlement that will add David Dorman, a long-time director of Motorola…
Activist investor Carl Icahn has dropped his proposal for eBay to spin off part of PayPal, ending a nasty saga that had both sides fuming. More: continued here
EBay Inc. said Thursday it had reached an agreement with activist investor Carl Icahn to end their proxy contest ahead of the company's annual meeting. More: continued here
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
Billionaire and tech company reach detente, but Icahn still thinks PayPal is more valuable on its own. More: continued here
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 for the eBay board ahead…
EBay and Carl Icahn agree to end proxy contestMarketWatchEBay and Carl Icahn agree to end proxy contest. 0 Comments. Tweet. new. Watchlist Relevance. LEARN MORE. Want to see how this story relates to your watchlist? Just add items to create a watchlist now: X Add. eBay Inc. (EBAY). X Add. CVS Caremark … More: continued here
Stocks to Watch: Bed Bath & Beyond, Rite Aid, EBayWall Street Journal (blog)Among the companies with shares expected to actively trade in Thursday's session are Bed Bath & Beyond Inc., Rite Aid Corp. and EBay Inc. Bed Bath & Beyond's fiscal fourth-quarter earnings fell 11% as the home-furnishings retailer recorded a drop in sales.A muddled…
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 company to hive off its…