eBay Fires Back

Shares of eBay (NASDAQ: EBAY  ) hit an all-time high today, after the company fired back at well-known billionaire and activist investor Carl Icahn. eBay's chairman came out and said that Icahn's statements earlier this week were "false and misleading," after Icahn called on the company to spin off the PayPal segment of its business.

In this segment of Thursday's Investor Beat, host Chris Hill and Motley Fool analyst David Hanson look at whether spinning off PayPal would unlock value for shareholders, and whether it makes sense for the business. While David sees it as something that could happen one day down the road, he's taking eBay's side for the time being, saying that for now, it makes sense for eBay and PayPal to stick together.

Will e-commerce change the face of retail forever?
To learn about two retailers with especially good prospects, take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2858479, ~/Articles/ArticleHandler.aspx, 9/20/2014 10:16:14 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement