Forbes Ebay And PayPal To Split: Carl Icahn And Elon Musk Wish Comes TrueForbesEbay Ebay and PayPal are going their separate ways. Today eBay announced that its fast growing PayPal division will be spun off as a new company in 2015. In 2013 PayPal moved $180 billion in 26 currencies …
Read More »Ebay to spin off payments arm PayPal – Financial Times
Ebay to spin off payments arm PayPalFinancial TimesEbay is spinning off its PayPal unit as a separate company, handing a major victory to activist investor Carl Icahn over the future of the rapidly growing payments processing unit acquired 12 years ago by the ecommerce group. The US company announced … …
Read More »Sell EBAY Stock … Once the PayPal Spinoff Is Complete – Investorplace.com
Sell EBAY Stock … Once the PayPal Spinoff Is CompleteInvestorplace.comeBayNew185 Sell EBAY Stock … Once the PayPal Spinoff Is Complete The idea of a PayPal spinoff from eBay has been kicking around for years, or ever since it became embarrassingly obvious that PayPal was growing faster — and would one …
Read More »eBay to Spinoff PayPal, Taking Carl Icahn's Advice
Inside the recent news from eBay which is finally spinning off its popular PayPal unit. More: continued here
Read More »eBay, PayPal to split into separate companies in 2015 – CNET
CNET eBay, PayPal to split into separate companies in 2015CNETThe move marks the end of what has been seen as an awkward partnership since eBay acquired PayPal for $1.5 billion in 2002. The deal was initially pitched as a way for eBay to boost PayPal transactions by driving auction participants …
Read More »PayPal and eBay reach a fork in the road, announce split following pressure … – Toronto Star
Toronto Star PayPal and eBay reach a fork in the road, announce split following pressure …Toronto StarAlmost a year after billionaire Carl Icahn opened a proxy fight pushing for the spinoff of PayPal, eBay President and CEO John Donahoe said Tuesday that, “The industry landscape is changing, and each business …
Read More »Stevenson Post Office to Close – NBC Connecticut
NBC Connecticut Stevenson Post Office to CloseNBC ConnecticutThe Stevenson Post Office at 281 Cottage Street will be closing at the end of the day because the lease is expiring and the U.S. Postal Service is looking for a new location. A mobile post office will be set up in the …
Read More »Icahn Praises Breakup of eBay – New York Times
Icahn Praises Breakup of eBayNew York TimesFor months, the activist investor called upon eBay to part with the payments processor, believing that giving the business independence would allow it to grow further. And at times, the fight grew bitter, as he clashed with an eBay director, Marc …and more » More: …
Read More »EBay Inc/PayPal Conference Call Highlights
EBay Inc's (NASDAQ: EBAY ) board approved a plan for a spinoff. This will separate eBay, with revenue of nearly $10 billion, and PayPal, which has more than $7 billion in revenue. Below are some key highlights … More: continued here
Read More »Ebay To Break Up With PayPal, Icahn Pushes For Payments Consolidation – Forbes
Forbes Ebay To Break Up With PayPal, Icahn Pushes For Payments ConsolidationForbesCarl Icahn is getting his way after all. The billionaire's push to force online marketplace eBay eBay to spin off its payments business PayPal ran into a brick wall of resistance earlier this year, but Tuesday morning the company …
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