Carl Icahn’s battle with eBay Inc (NASDAQ:EBAY) has ended in a negotiated settlement that includes a confidentiality agreement muzzling the activist investor’s blusterous attacks against the e-commerce company. Icahn agrees to confidentiality agreement muzzling his vocal attacks Icahn had fought for eBay Inc (NASDAQ:EBAY) to spin off PayPal and proposed two of his handpicked independent directors, who had been identified as somewhat hostile to the eBay board. Icahn and eBay agreed to end Icahn’s proxy battle which was set to come to a head this May with a vote of shareholders. Icahn and eBay agreed to a confidentiality agreement and eBay said…
Carl Icahn Ends eBay Fight While Receiving Little
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.