Activist investor Carl Icahn's stake in e-commerce company eBay Inc is more than previously reported at close to 2 percent, a source familiar with the matter said on Thursday. EBay said this week that Icahn had taken a 0.82 percent interest in the company earlier this month and made a …
Read More »Icahn wants eBay to spin off its PayPal business – USA TODAY
Icahn wants eBay to spin off its PayPal businessUSA TODAYSAN FRANCISCO — EBay said Wednesday that activist investor Carl Icahn is calling for the e-commerce company to spin off its PayPal payments division. The company rejected the idea, but it did unveil a new $5 billion share-buyback program, likely … More: …
Read More »EBay Rejects Carl Icahn’s PayPal Spin-Off, But Analysts Are Optimistic – Forbes
CNN EBay Rejects Carl Icahn's PayPal Spin-Off, But Analysts Are OptimisticForbes“We believe Icahn's involvement in the business and the prospect of significant change at eBay puts a 'floor' on the stock, in addition to the new $5B share repurchase authorization and management's overt language regarding opportunistic buybacks or a …eBay spikes …
Read More »Icahn wants eBay to spin off Paypal; eBay balks – Reuters
Icahn wants eBay to spin off Paypal; eBay balksReuters(Reuters) – Carl Icahn has taken a stake in Ebay Inc and is proposing a spin-off of the company's fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle with the activist investor. EBay… More: …
Read More »EBay Rejects Carl Icahn's PayPal Spin-Off, But Analysts Are Optimistic
Many analysts are optimistic that there's a value proposition available in discussing a PayPal spin off. More: continued here
Read More »EBay considering accepting bitcoin as payment – CNBC.com
CNBC.com EBay considering accepting bitcoin as paymentCNBC.comEbay is now considering allowing customers to use bitcoin for payment for both eBay and PayPal, sources inside the company told CNBC. The company hasn't yet made a decision, and is waiting for the regulatory framework to become clearer before it makes …eBay clamps down …
Read More »Carl Icahn Wants eBay to Spin Off PayPal – TIME
Carl Icahn Wants eBay to Spin Off PayPalTIMEThe billionaire corporate raider turned activist investor wants eBay to spin off its PayPal unit, the giant online marketplace disclosed on Wednesday. It's not hard to see why. PayPal is eBay's fastest-growing business division and accounts for an … More: continued here
Read More »eBay Reports Strong Q1, Shares Up
eBay Inc. reported strong fourth-quarter results and guidance that sent shares up 5.7% in after-hours trading. More: continued here
Read More »eBay Now, Local, And The Race To Beat Amazon – Forbes
eBay Now, Local, And The Race To Beat AmazonForbeseBay is out to save it. The enemy of my enemy is friend – or so eBay hopes. eBay began life as a rather drab online auction site that peddles Pez dispensers and the like. But auctions have transformed into 'buy it …
Read More »Five Reasons eBay Is Unlikely To Spin Off PayPal – Forbes
New York Times Five Reasons eBay Is Unlikely To Spin Off PayPalForbesOn Wednesday after the close, eBay disclosed that Carl Icahn has proposed a spin-off of PayPal from eBay. The initial reaction of the stock market was euphoric, with eBay stock jumping to $61.30 in after-hours trading from its closing …
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