Friday, August 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Researchers Discover New Smartphone Flaws
U.S. Government Issues Warning About Malicious Software
Hackers Can Use USB Devices in Attacks
Next Apple TV Release Delayed
CoD: Advanced Warfare Collector's Editions Announced
Lite-On IT Merged With Lite-On
AMD Introduces New Kaveri APUs for System Builders
Toshiba, Samsung Vie For 48-layer 3-D NAND Chips
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Icahn E...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 10, 2014
Icahn Ends Pressure On eBay Over Paypal


EBay and Carl Icahn ended their proxy fight on Thursday as the activist investor dropped his proposal that EBay split off its PayPal payments unit.

Icahn in January called for the e-commerce company to hive off its PayPal business, arguing the unit is undervalued as part of eBay.

Icahn, who controls about 2 percent of eBay, sent open letters to eBay's Chief Executive Officer John Donahoe an the company's board. Donahoe had urged shareholders to reject Icahn's proposal.

In mid-March, Icahn called on eBay to sell 20 percent of PayPal in an initial public offering. But in a statement on Thursday he said e was happy to have reached a point of detente with eBay, although he still believed the company should sell off PayPal.

In addition, eBay will add David Dorman, a founding partner of investment firm Centerview Capital Technology, as an independent director to its board, the company said on Thursday.




Previous
Next
AMD Rumored To Work With Toshiba On Radeon SSDs        All News        Virtium Starts Offering DDR4 VLP RDIMM Samples
TCL To Become More Consumer-oriented Company     General Computing News      Japan Display Begins Mass Production of 12.3-Inch LCD Module for Cockpit Designs

Get RSS feed Easy Print E-Mail this Message

Related News
eBay Asks Users To Change Passwords
AMD Rumored To Work With Toshiba On Radeon SSDs
Icann Calls eBay Governance 'Dysfunctional'
eBay to Acquire Braintree
Ebay Same-day Delivery Expanded
eBay To Open Interactive Storefronts
New Logo For eBay
eBay Acquires BillSAFE
eBay Launches Open Commerce Ecosystem, Partners With Facebook
eBay to Acquire Zong
EBay Takes On Amazon.com With Proposed GSI Commerce Acquisition
eBay to Sell Skype For $2.75 Billion

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .