eBay Flatly Rejects Icahn Compromise, Sets Up May 13 ShowdownMark Melin
As Carl Icahn continues to wage a media war, calling into question the ethics of eBay Inc (NASDAQ:EBAY)’s board members, the e-commerce company today issued a letter to shareholders that stuck to Icahn’s original investment thesis: the breakup of PayPal from eBay. In that letter eBay flatly rejected what had appeared to be a concession on the part of Icahn.
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