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EBay late Wednesday disclosed that activist investor Carl Icahn has taken a 0.82% stake in the company and proposes that it spin off PayPal, an idea the board rejected. EBay (EBAY) stock was up 5% in after-hours trading, after the company disclosed it’s the latest big-name tech target of the noted investor. Icahn has nominated two of his employees for election to eBay’s board. The e-commerce and payments company also released Q4 earnings that just Scalper1 News
Scalper1 News