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eBay and Icahn continue grappling over board nominees

According to reports, eBay is urging shareholders to reject a slate of board members nominated by activist investor Carl Icahn and instead support nominees picked by the company.

Reuters has reported that eBay is asking shareholders to re-elect existing directors CEO John Donahoe, company co-founder and managing director Fred Anderson, Intuit co-founder Scott Cook and former Agilent Technologies CEO Edward Barnholt.

Icahn has publicly accused the eBay board of having conflicts of interest and also wants eBay to spin off its PayPal division into a separate company. He has nominated two of his current employees to serve on the board of directors of eBay.

 

 

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