EBay to Spin Off PayPal, Adopting Strategy Backed by IcahnNew York TimesPayPal was a central focus of a lengthy battle between eBay and Mr. Icahn, who demanded a spinoff of the unit as a way to generate value for shareholders. Such a move, the hedge fund billionaire contended, would highlight …
Read More »EBay to Spin Off PayPal in 2015 – Fox Business
Fox Business EBay to Spin Off PayPal in 2015Fox Business"A thorough strategic review with our board shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous to each business strategically and competitively," eBay Chief Executive John Donahoe said in a statement. More: continued here
Read More »Ebay to Spin Off PayPal – Fox Business
Fox Business Ebay to Spin Off PayPalFox Business"A thorough strategic review with our board shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous to each business strategically and competitively," eBay Chief Executive John Donahoe said in a statement. More: continued here
Read More »eBay to split off PayPal into separate company – CBS News
CBS News eBay to split off PayPal into separate companyCBS NewseBay to split off PayPal into separate company. The logo of online retailer eBay stands at the CeBIT technology trade fair on March 1, 2011, in Hanover, Germany. Sean Gallup/Getty Images. Shares. Tweets; Stumble. Email; More +. SAN JOSE, Calif. …
Read More »EBay, PayPal to split into separate public companies – CNBC
CNBC EBay, PayPal to split into separate public companiesCNBCAfter spending much of this year explaining why its two businesses are best left together, eBay's board of directors and CEO did a complete about-face Tuesday morning, announcing a plan under which its PayPal and eBay marketplace businesses will be …EBay to Spin …
Read More »eBay (EBAY) to Spin PayPal into Separate, Publicly-Traded Company – StreetInsider.com (subscription)
eBay (EBAY) to Spin PayPal into Separate, Publicly-Traded CompanyStreetInsider.com (subscription)eBay (NASDAQ: EBAY) said its Board of Directors, following a strategic review of the company's growth strategies and structure, has approved a plan to separate the company's eBay and PayPal businesses into independent publicly traded companies in … More: continued here
Read More »EBAY TO SPIN OFF PAYPAL
Flickr / Kārlis Dambrāns Ebay will spin off PayPal into its own business starting next year. PayPal, the online payments juggernaut, is seen as the real crown jewel of the Ebay business. And investors have been clamoring for a way to unlock PayPal’s value. The activist investor Carl Icahn, in …
Read More »eBay Inc. to Separate eBay and PayPal Into Independent Publicly Traded Companies in 2015
eBay Inc. today said its Board of Directors, following a strategic review of the company’s growth strategies and structure, has approved a plan to separate the company’s eBay and PayPal businesses into independent publicly traded companies in 2015, subject to customary conditions. More: continued here
Read More »Royal Mail shares continue to slip despite buy note – The Guardian
Royal Mail shares continue to slip despite buy noteThe GuardianWe observe that Royal Mail's model is highly leveraged with a fixed cost base in the short term and if conditions have worsened, there is likely to be a noticeable leveraged impact. The business is seasonally weighted to the second half …
Read More »Ebay to split off PayPal business
The online auction site eBay is planning to split off its payments system PayPal into a separate company next year. More: continued here
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