Carl Icahn calls on eBay to sell 20 per cent of PayPal in an IPOEconomic TimesActivist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering, a change in tack from his previous call for a complete spinoff. Icahn in January called…
Icahn: EBay Should Sell 20% of PayPalWall Street JournalIn a notice on his website Wednesday, Mr. Icahn called on eBay to sell 20% of PayPal to the public, while keeping the remaining stake. "Before the transaction is consummated the companies could enter into a long-term, commercially viable contract, … More: continued here
Business Insider Carl Icahn Wants eBay To Take 20% Of PayPal PublicBusiness InsiderWe believe eBay could easily conduct an Initial Public Offering of PayPal, selling 20% to the public. eBay would retain 80% of PayPal with control. Before the transaction is consummated the companies could enter into a long-term, commercially viable … More: continued here
EBay Applauds Icahn's Retreat From Push to Separate PayPal UnitBusinessweekIcahn, who took a stake in EBay in January and began campaigning for a split, proposed today an initial public offering for 20 percent of PayPal. EBay, which rejected Icahn's original proposal, reiterated today that the businesses should remain … More: continued here
CNBC.com 'Latin eBay' has a problem: VenezuelaCNBC.comAmong the most exposed to the turbulent country is New York exchange-listed MercadoLibre, which has a business much like eBay's in the largest markets across South America. The online marketplace, in which the actual eBay owns an 18 percent stake, … More: continued here
UPDATE 1-Icahn calls on eBay to sell 20 percent of PayPal in an IPOReutersSelling off only part of PayPal would retain the benefits of a stand-alone PayPal while maintaining the efficiencies of having eBay and PayPal together, Icahn wrote in an open letter to fellow eBay shareholders. As a public company, the payments firm ……
Icahn Proposes PayPal IPO in Which eBay Maintains Majority ControlRe/codeBillionaire activist investor Carl Icahn proposed today that eBay spin out 20 percent of PayPal in an IPO — his most detailed plan for the separation of the two companies since he began his unsolicited campaign in January. Under Icahn's plan, eBay and … More: continued here
EBay Appreciates Icahn's Changed View On PayPal – Update More: continued here
Activist investor Carl Icahn is backing away from his proposal to separate EBay Inc. (EBAY) from its PayPal payments unit, a move welcomed by the online marketplace. More: continued here
Icahn calls on eBay to sell 20 percent of PayPal in an IPOChicago Tribune(Reuters) – Activist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering, in his latest missive to shareholders. Icahn in January called for eBay to hive off its…