Key shareholders encourage eBay to keep PayPal, Reuters reports

theflyonthewall.com

EBay CEO John Donahoe says several of the company's most active shareholders assured him they support his efforts to resist demands by Carl Icahn to spin-off the PayPal unit, reports Reuters. In an interview with Reuters, Donahoe says he spoke with about 16 of the 20 most-active shareholders in eBay, and most favored keeping PayPal.

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