Icahn to eBay: Spin off 20 percent of PayPal – VentureBeat

Icahn to eBay: Spin off 20 percent of PayPalVentureBeatIn a statement published today, the activist investor pitched the idea that parent company eBay conduct an IPO of PayPal in which 20 percent of the electronic payments service is sold to the public. In his proposal, eBay would keep the remaining …

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The real problem at eBay: corporate governance – Fortune

Yahoo Finance (blog) The real problem at eBay: corporate governanceFortuneThe message from the firm was very clear that eBay's (EBAY) financial performance drives its decisions. Icahn has said that eBay is underperforming its peers and that the most profitable action to take for shareholders would be to sell off PayPal …

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