Wednesday, 22 January 2014

Carl Icahn urges eBay to spin-off PayPal



Activist investor Carl Icahn has called on the online auction site eBay to spin-off its payments business, PayPal. Mr Icahn made the proposal as he disclosed he had acquired a 0.8% stake in the firm. He has also nominated two of his employees to join eBay's board. via Pocket http://ift.tt/1eCfr8r

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