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.
By MICHAEL J. DE LA MERCED and ANDREW ROSS SORKIN, NY Times: Business
Tue, 09/30/2014 - 4:00am
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.