Icahn backs down from demand that eBay spin off PayPal – Reuters

Forbes Icahn backs down from demand that eBay spin off PayPalReutersSAN FRANCISCO/NEW YORK (Reuters) – Carl Icahn backed off calls for eBay Inc to spin out its fast-growing PayPal payments unit on Thursday, after the billionaire investor failed to drum up support from the e-commerce company's major shareholders.Icahn settles with …

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eBay, Carl Icahn end war – CNET

eBay, Carl Icahn end warCNETIcahn will withdraw his proposal that the board spin off eBay's PayPal business and that the board appoint two of his choices to the board of directors, eBay said Thursday. In return, eBay will appoint Icahn nominee David Dorman as an independent … More: continued here

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EBay, Icahn Settle Proxy Fight – ABC News

EBay, Icahn Settle Proxy FightABC NewsIcahn and eBay had been in an acrimonious tussle over PayPal, the e-commerce company's quickly growing mobile payment arm. Icahn, who owns about 2 percent of eBay's shares, said repeatedly the company should spin off all or part of PayPal, while … More: continued here

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