Like a politician bobbing and weaving during an election cycle to change the issue to his advantage, activist hedge fund manager Carl Icahn, in a mud-dragging, bloodcurdling fight with eBay’s corporate board, had previously stated his primary goal in a battle with eBay Inc. (NASDAQ:EBAY) is separating subsidiary PayPal from the mother ship, selling the electronic payment processor to the highest bidder so as to produce a higher stock price for investors. Given this is the primary issue, why hasn’t the public debate mainly focused on the intellectual argument behind the breakup logic? Judging from the volumes of his public statements and press…
Is Carl Icahn's Real Goal With eBay Intimidation?
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.