Comment on EBay shares surge 12 percent after activist investor calls for breakup

EBay shares surge 12 percent after activist investor calls for breakup

EBay may want to slim down to boost its stock price. That, at least, is according to Paul Singer’s Elliott Management, which argued Tuesday that a spinoff or sale of its StubHub and classifieds businesses could cause the company’s stock to more than double to $63 a share. EBay shares soared as much as 12...

 

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