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Icahn, Ebay Trade Accusations As Fight Escalates


Ron Burgundy
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Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New YorkBy Nadia Damouni and Phil Wahba NEW YORK (Reuters) - Billionaire investor Carl Icahn accused eBay Inc Chief Executive John Donahoe of failing to spot - or ignoring - conflicts of interest on the company's board and called again for the spinoff of its fast-growing PayPal payments business. Icahn, who also disclosed a 2.15 percent stake in the e-commerce giant on Monday, said in a letter to shareholders that two long-time board members, Marc Andreessen and Scott Cook, had business interests that directly competed with eBay. The activist investor said he had found "multiple lapses in corporate governance" and called on both Andreessen and Scott to resign from eBay's board.




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