EBay to Spin Off PayPal, Adopting Strategy Backed by Icahn – New York Times
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EBay to Spin Off PayPal, Adopting Strategy Backed by Icahn
New York Times PayPal was a central focus of a lengthy battle between eBay and Mr. Icahn, who demanded a spinoff of the unit as a way to generate value for shareholders. Such a move, the hedge fund billionaire contended, would highlight PayPal's own strengths while … |
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