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Thursday, April 10, 2014

Icahn says eBay shareholders resisted PayPal split -CNBC, (NASDAQ: EBAY)

Activist investor Carl Icahn admitted on Thursday that several major shareholders in eBay Inc he had spoken to did not want to see fast-growing payments division PayPal hived off from the company at this time. Icahn, who on Thursday backed off a very public campaign against the board of the Internet retailer and his own demands that PayPal be spun off, told CNBC in an interview he had not capitulated and still desired to see an eBay-PayPal split at some point.

eBay Inc., is a global technology company. The Company enables commerce through three reportable segments: Marketplaces, Payments, and GSI. Shares of EBAY fell by 2.16% or $-1.21/share to $54.68. In the past year, the shares have traded as low as $48.06 and as high as $59.70. On average, 13690300 shares of EBAY exchange hands on a given day and today's volume is recorded at 18667708.



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