Part of Carl Icahn’s message is getting through to investors, but it might not be the message Icahn wanted to get through.
A new study released by Bernstein research shows that eBay shareholders are divided about whether PayPal should be spun off from the online auctioneer, which is the primary goal behind Icahn’s public display of hostility towards the eBay Inc (NASDAQ:EBAY) board of directors.
While unsure of Carl Icahn's primary goal, the message investors may be accepting loud and clear is the composition of the board of directors should be changed. Unfortunately for Setup a free account to get access to this article (no credit card required).Login required to continue reading.
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