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Tuesday, September 30, 2014

EBay to Spin Off PayPal, Adopting Strategy Backed by Icahn by MICHAEL J. DE LA MERCED and ANDREW ROSS SORKIN



By MICHAEL J. DE LA MERCED and ANDREW ROSS SORKIN


The move, which Carl C. Icahn had called for, will cleave eBay almost in half, separating it from PayPal, which it acquired 12 years ago and now generates almost half eBay’s revenue.


Published: September 30, 2014 at 4:00AM


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