Published via F: 2014-04-10 14:21:35
Carl Icahn and eBay have settled their proxy fight, and it looks like the e-commerce pioneer has won: Icahn has dropped his demand to install two of his employees on eBay’s board, and will stop campaigning to split PayPal into a separate committee. eBay’s concession to Icahn is a move to appoint former AT&T CEO David Dorman as an independent director.
My Two Cents
Carl Icahn is the only guy who can wage war (against eBay) and turn Marc Andreessen into collateral damage.
