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eBay shuns Icahn, moves to keep PayPal in-house
The News Journal eBay Inc. is willing to forgo a possible 26 percent stock pop by rejecting Carl Icahn's proposal to split off PayPal, banking instead on the promise of longer-term rewards by keeping its online payment unit in-house. Shareholders including Sterling … Why Icahn Wants eBay to Spin-off PayPal Should eBay Spin-Off PayPal? EBay Earnings Rise; Icahn Proposes PayPal Split |
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