Icahn wants eBay to spin off Paypal; eBay balks – Reuters

Icahn wants eBay to spin off Paypal; eBay balks
Reuters
(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

Leave a Reply

Your email address will not be published. Required fields are marked *