Activist Investors, eBay Nearing Settlement That Sets Stage for Possible Change - News Summed Up

Activist Investors, eBay Nearing Settlement That Sets Stage for Possible Change


Online marketplace eBay Inc. and activist investors Elliott Management Corp. and Starboard Value LP. are nearing a settlement deal that would give the activists board seats and could open the door to the company breaking itself up. The three parties are discussing a deal in which Elliott and Starboard would receive multiple board seats, according to people familiar with the matter. The company would also agree to perform an operational review focused on improving profitability and a full-company strategic review—which is...


Source: Wall Street Journal February 26, 2019 20:24 UTC



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