Icahn drops eBay fight
·10 Apr 2014
EBay Inc and Carl Icahn have ended their proxy fight, with the activist investor dropping his proposal that the e-commerce company split off its PayPal payments unit and withdrawing his two nominees for the eBay board.
EBay will add David Dorman, a founding partner of investment firm Centerview Capital Technology, as an independent director to its board, the company said on Thursday.
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