CNN Carl Icahn: Time to break up eBayFortuneeBay Inc. (EBAY) this afternoon announced that Icahn has nominated two of his employees to its board of directors, and submitted a non-binding proposal to spin PayPal out into a separate business. Icahn earlier this month acquired a 0.82% stake in eBay…eBay spikes after-hours on Icahn proposalCNNCould Square…
CNBC.com CNBC's David Faber reports eBay has indicated in its earnings report that Carl …CNBC.comEBay shares soared late Wednesday after Icahn revealed he has stock and derivatives representing 0.82 percent of the company and has nominated two directors to its board. In after-hours trading, eBay shares were up around 7 percent. Getty Images. More: continued…
eBay Stock Surges As Carl Icahn Says He Wants To Break Up The CompanyBusiness InsiderThe company is proposing a $5 billion stock buyback, and has received a proposal from activist billionaire investor Carl Icahn to split off PayPal into a separate unit. Icahn also wants two of his people added to the board of directors….
Could Square be collateral damage in Carl Icahn's war on Ebay?QuartzCarl Icahn just revealed his latest target: Ebay. But the auction payment company might not be the ultimate casualty if Icahn gets his way. Today it emerged that America's loudest activist investor has built an 0.8% stake in Ebay, and is pushing the … More:…
Icahn wants eBay to spin off Paypal; eBay balksChicago Tribune(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: continued here
CNN eBay spikes after-hours on Icahn proposalCNNEBay said it has previously explored separating PayPal, but decided against it. "EBay is a big contributor to PayPal's growth and expansion," eBay CEO John Donahoe said on a conference call with investors Wednesday. Icahn's proposal for a separation is … More: continued here
eBay Inc Reveals Activist Investor Carl Icahn Wants To Spinoff PayPalThe Next WebeBay Inc. has released its earnings result for the fourth quarter of fiscal year 2013. Among the most interesting news, activist investor Carl Icahn has submitted notice that he has nominated two of his employees to eBay's Board of Directors as part of…
eBay's Q4 strong; Outlook lightZDNeteBay'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 e-commerce company reported fourth quarter earnings of $850 million … More: continued here
Biz Break: Icahn wants eBay to spin off PayPal, Netflix skyrockets after …San Jose Mercury NewsToday: In explosive after-hours action, eBay (EBAY) announces that activist investor Carl Icahn is agitating for a spinoff of PayPal and Netflix (NFLX) shows off more strong subscriber growth for a big bump from Wall Street. The Lead: eBay, Netflix…
New York Times Carl Icahn Pressing eBay For PayPal Spinoff, Board SeatsForbesPayment platform PayPal has been one of the biggest money-makers for eBay, but if activist investor Carl Icahn gets his way, the e-commerce platform would have to envision a future without one of its best sources of revenue: In eBay's fourth quarter …Icahn Adds…