EBay launches strategic review of business-unit portfolio, including StubHub
EBay Inc. shares EBAY, -0.77% rose 3% in premarket trade Friday, after the online market place said it is launching an operating review of its portfolio, including but not limited to StubHub and EBay Classifieds. The company has also entered cooperation agreements with activist shareholders Elliott Management and Starboard Value on the initiatives and will add two new independent directors to its board.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EBay announces review of StubHub, Classifieds in deal with activistsEBay Inc on Friday announced a review of its StubHub and eBay Classifieds busine...
Read more »
Elliott Management Nearing Settlement with eBayOnline marketplace eBay Inc. and activist investor Elliott Management Corp. are nearing a settlement deal that would give Elliott board seats and could open the door to the company breaking itself up.
Read more »
EBay is heading toward a settlement with activists that could give Elliott board seatsEBay heading toward settlement with activists Starboard and Elliott that could be announced later this week.
Read more »
EBay offers concessions to avert fight with Elliott: sourcesEBay Inc has informed Elliott Management Corp it is willing to explore shedding ...
Read more »
The Feds' Favorite iPhone Hacking Tool Is Selling On eBay For $100—And It's Leaking DataiPhone and Android hacking tech, designed to be used by police in critical investigations, is selling secondhand on eBay. Israeli manufacturer Cellebrite has been forced into issuing a warning to customers about the risk of such resales.
Read more »
German town defends seizing family's pet, selling it on eBayBERLIN (AP) — Officials in Germany are defending their decision to seize an indebted family's pet pug and sell it on eBay, saying the move was a last resort because authorities were unable to find...
Read more »
A German City Seized A Woman’s Pug, Then Sold It On eBay Because Of Unpaid TaxesA German City Seized A Woman's Pug, Then Sold It On eBay Because Of Unpaid Taxes
Read more »