Carl Icahn: Time to break up eBay – Fortune

CNN Carl Icahn: Time to break up eBayFortuneeBay Inc. (EBAY) this afternoon announced that Icahn has nominated two of his employees to its board of directors, and submitted a non-binding proposal to spin PayPal out into a separate business. Icahn earlier this month acquired a 0.82% stake in eBay…eBay spikes …

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EBay 4Q Earnings up, Icahn Proposes PayPal Split – ABC News

EBay 4Q Earnings up, Icahn Proposes PayPal SplitABC NewsEBay said Wednesday that its earnings and revenue grew in the last three months of 2013, driven by a strong holiday season for its e-commerce site and its fast-growing payments business, PayPal. The company also said activist investor Carl Icahn is … More: …

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Icahn wants eBay to spin off Paypal; eBay balks – Chicago Tribune

Icahn wants eBay to spin off Paypal; eBay balksChicago Tribune(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… …

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eBay spikes after-hours on Icahn proposal – CNN

CNN eBay spikes after-hours on Icahn proposalCNNEBay said it has previously explored separating PayPal, but decided against it. "EBay is a big contributor to PayPal's growth and expansion," eBay CEO John Donahoe said on a conference call with investors Wednesday. Icahn's proposal for a separation is … More: continued here

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