Carl Icahn On eBay Agreement by Carl Icahn, Shareholders' Square Table
“A GREAT STEP FORWARD FOR EBAY, FOR PAYPAL AND FOR CORPORATE GOVERNANCE GENERALLY.”
New York, New York, January 21, 2015 – Today Carl Icahn released the following statement regarding eBay Inc.:
Today we entered into an agreement with eBay whereby one of our representatives, Jonathan Christodoro, will join eBay’s board of directors and have the ability to transition to PayPal’s board once the spin-off occurs. eBay also agreed that PayPal’s charter documents will contain a number of corporate governance provisions that we suggested and which we believe will greatly enhance shareholder value at...
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