Icahn Rolls Out the Machine on eBay

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Carl Icahn, unsurprisingly, is not letting up on his attack on eBay Inc. (EBAY). The billionaire and activist investor has released a response letter (to a response of a response) to eBay shareholders on Friday morning. Icahn said:

I am frankly growing a bit tired of reading eBay's repetitive evasive responses to the legitimate issues we have been raising. Their messages all sound the same. Repeating the same mantra -- "world-class" board, "world-class" board, "world-class" board -- over and over again might work in a totalitarian state where only one side gets to speak. But, thankfully, we live in a democratic state where there can be a voice of reason on the other side.

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Friday's letter really focuses on shareholders needing to think about whether they should reelect eBay's board of directors. Anyhow, you have heard the rest of it -- and if you have not you can probably guess it.

eBay shares are up a dime at $58.44 in early Friday trading, just shy of the $59.27 high.

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