Wednesday, 17 December 2014
Last updated 11 hours ago
Feb 27 2014 | 12:51pm ET
Carl Icahn and eBay Inc. continued to trade barbs, with the investor calling what he called the online marketplace’s bluff, and eBay calling Icahn a liar.
“eBay has challenged us to focus on honest, accurate debate,” Icahn, who owns 2.15% of eBay, wrote. “We do not believe eBay is serious about this.”
Icahn said CNBC has offered itself up as a “public forum” for the debate, but said, “we doubt eBay will accept its own challenge.”
Icahn has called on eBay to spin-off its PayPal unit, and this week attacked two of the company’s best-known directors for alleged conflicts of interest.
“We believe corporate governance at eBay is dysfunctional,” Icahn wrote. “Let’s end this charade.”
For its part, eBay said Icahn was “dead wrong” and “doesn’t let the trust get in the way of a good story.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.