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Starboard pressures eBay to sell classifieds business

The German headquarters of eBay is pictured at Europarc Dreilinden business park south of
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(Reuters) - Activist shareholder Starboard Value LP on Tuesday sent a letter to eBay Inc's board, saying the ecommerce company has not made enough progress in its plan to separate its classifieds business.EBay last year agreed to sell its ticketing unit, StubHub, for $4.05 billion in cash, under pressure from Starboard and Elliott Management Corp. The investors had also urged the company to sell..
Date Published: Feb 04, 2020
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