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Ebay rejects Icahn proposal for PayPal spin-off

2014-01-23 09:24:00| Telecompaper Headlines

(Telecompaper) Activist investor Carl Icahn has taken a 0.82 percent stake in eBay and proposed the company spin off its PayPal business. Icahn also proposed two of his employees to Ebay's board of directors. Ebay said it would consider the board nominations, but rejected the proposal to spin off PayPal. The company said its board had already explored a spin-off or separation of PayPal in detail, but concluded a break-up of the group was not the best strategy. As part of the group, PayPal is able to leverage the company's technology capabilities, commerce platforms and relationships with retailers, brands and large merchants worldwide, eBay said. "Payment is part of commerce, and as part of eBay, PayPal drives commerce innovation in payments at global scale," the company added.

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Icahn urges eBay to spin off PayPal

2014-01-23 02:57:02| BBC News | Business | UK Edition

Activist investor Carl Icahn calls on online auction site eBay to spin off its payments business, PayPal.

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Vintage bottle openers can sell for over $100 on eBay

2014-01-22 19:35:34| Beverages - Topix.net

In the early 20th century, when the bottling industry exploded, soda and beer drinkers needed a tool to remove the metal bottle caps.

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How Google and eBay could save local retailers with same-day delivery

2014-01-22 17:08:42| Extremetech

The rising tide of online shopping has help speed the demise of many local retailers. Help may be on the way from two unlikely sources -- Google and eBay.

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Ring Bought on eBay Disappears on Delivery Just Before Christmas

2014-01-16 22:24:37| Air Courier - Topix.net

A Geneva resident who lives on Tanager Lane told police that someone apparently took a white gold ring she had purchased on eBay for $510 after it was reportedly placed on her front porch by United Parcel Service.

Tags: delivery ebay christmas ring

 

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