Anyone expecting a quick spin-off of PayPal will likely be disappointed. Icahn may be in for a protracted battle similar to his stock buyback proposal for Apple. More: continued here
Read More »eBay Now, Local, And The Race To Beat Amazon
[this is part 2, part one of this article can be found HERE, titled: "Life After The 'Everything' Store] More: continued here
Read More »Ebay Downgraded By Stifel, Susquehanna On Earnings
Shares of eBay Inc. were downgraded to a hold rating from buy at Stifel on Thursday, and Susquehanna Financial Group cut eBay to a neutral rating from positive. More: continued here
Read More »eBay Shoots Down Icahn’s Spinoff Idea – Bloomberg
eBay Shoots Down Icahn's Spinoff IdeaBloombergJan. 22 (Bloomberg) –- Bloomberg's Brad Stone reports Carl Icahn's proposal to break up eBay and why he thinks eBay and PayPal should remain as one company. He speaks to Cory Johnson and Emily Chang on Bloomberg Television's “Bloomberg West. More: continued here
Read More »eBay spikes on Icahn proposal
Shares of eBay soared in after-hours trading after the online auction website revealed that activist investor Carl Icahn is urging the company to break up. More: continued here
Read More »Icahn wants eBay to spin off PayPal – PCWorld
Icahn wants eBay to spin off PayPalPCWorldActivist investor Carl Icahn has proposed that eBay spin off its payments unit PayPal into a separate company. The e-commerce company has rejected the proposal, as it holds that payment is an integral part of commerce. Icahn, who had previously opposed … More: continued here
Read More »EBay dismisses Icahn proposal to spin off Paypal – Reuters
EBay dismisses Icahn proposal to spin off PaypalReuters(Reuters) – Carl Icahn has taken a stake in eBay Inc and is proposing a spin-off of the its fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle with the activist investor. EBay, which … …
Read More »Carl Icahn calls for eBay and Paypal to split up – GigaOM
Carl Icahn calls for eBay and Paypal to split upGigaOMeBay's fourth-quarter and year-end earnings report included an extra dash of drama along with the numbers: high-profile investor Carl Icahn nominated two of his employees to the company's board of directors and submitted a non-binding proposal to spin … More: continued …
Read More »EBay says no to Icahn on Paypal spinoff
Carl Icahn is proposing a spin-off of the eBay's fast-growing PayPal division, but the e-commerce giant rebuffed the overture. More: continued here
Read More »eBay turns in strong 4Q, rebuffs Icahn’s PayPal spinoff plan – CNET
eBay turns in strong 4Q, rebuffs Icahn's PayPal spinoff planCNETeBay's fourth-quarter earnings were better than expected, courtesy of mobile volume, PayPal, and solid marketplace results, but the company's outlook for the first quarter was light. The company also detailed that investor Carl Icahn wants a PayPal … More: continued here
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