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Stock Market & Financial Investment News

News Breaks
February 26, 2014
09:51 EDTEBAYIcahn says 'governance failures do not have a shelf-life' in letter to eBay
Carl Icahn released another open letter to stockholders of eBay, stating in part: "In our February 24, 2014 letter to eBay stockholders, we raised what we consider to be serious and direct questions regarding corporate governance at eBay, with particular focus on the conduct of CEO John Donahoe and directors Marc Andreessen and Scott Cook. In its reply to our letter, eBay seeks to simply cast aside these matters as "cherry picked old news clips" and informs us that Mr. Andreessen and Mr. Cook are two of the most respected, accomplished and value-driven technology leaders in Silicon Valley...Message to the eBay Board: Corporate governance failures do not have a shelf-life...We believe corporate governance at eBay is dysfunctional...In the coming weeks, we will lay out the full detailed business cast to support the separation [of eBay and PayPal.]"
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August 19, 2015
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