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eBay - Near-Term Catalysts To Unlock Value [Seeking Alpha]
Last ebay inc. earnings: 4/29 04:15 pm
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US:NASDAQ Investor Relations: investors.ebayinc.com
eBay - Near-Term Catalysts To Unlock Value eBay Inc. ( EBAY eBay also owns StubHub, the largest secondary market for selling tickets to live events, and a group of international classifieds’ websites - the Classifieds Group - that are dominant in their respective markets. Both of these businesses are small in comparison to the eBay marketplace and are currently tee’d up for sale, with pressure coming from two activist investors - Elliott Management and Starboard Value. Elliott, owner of a 4% stake in eBay, and Starboard, owner of a 1% stake in eBay, began putting pressure on eBay’s management and board at the beginning of 2019 to right the ship, based on the then low and still currently low, share price of the company. After discussions between eBay and the two activist investors, the two sides came to an agreement in early March, giving the activists two board seats and a promise from eBay to perform a strategic review of its assets. In other words, see if they can get a good price f
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EBAY
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- 11/19/24 - Form 4
- 11/19/24 - Form 4
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