The move, which Carl C. Icahn had called for, will cleave eBay almost in half, separating it from PayPal, which it acquired 12 years ago and now generates almost half eBay’s revenue. More: continued here
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PayPal is splitting from eBay and will become a separate and publicly traded company next year. Almost a year after billionaire Carl Icahn opened a proxy fight pushing for the spinoff of PayPal, eBay President … More: continued here
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Move comes after activist Carl Icahn had pushed for a similar plan for the online marketplace. More: continued here
Read More »EBay to Spin Off PayPal, Adopting Strategy Backed by Icahn – New York Times
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
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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)
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