EBay, Adopting Strategy Backed by Icahn, to Spin Off PayPal – New York Times


New York Times
EBay, Adopting Strategy Backed by Icahn, to Spin Off PayPal
New York Times
Photo. A PayPal employee demonstrates pay options.Credit Beck Diefenbach/Reuters. EBay said on Tuesday that it would spin off its PayPal payments unit into a separate publicly traded company, taking a step the activist hedge fund magnate Carl C. Icahn …
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