Activist investor Carl Icahn told eBay Inc shareholders on Thursday he has "not yet begun to fight" in his push to get the e-commerce company to spin off its PayPal payments unit. Icahn, in his latest letter to shareholders, said a spinoff "could allow two separate management teams to focus more closely on the core businesses" and could also "provide a more compelling currency to attract top talent to the respective companies."
eBay Inc., is a global technology company. The Company enables commerce through three reportable segments: Marketplaces, Payments, and GSI. Shares of EBAY remained unchanged at $58.86. In the past year, the shares have traded as low as $48.06 and as high as $59.70. On average, 13981600 shares of EBAY exchange hands on a given day and today's volume is recorded at 1000.
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