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Icahn and EBay end their proxy fight

Thursday, April 10 14:04:19

EBay and Carl Icahn have ended their proxy fight, with the activist investor dropping his proposal that the e-commerce company split off its PayPal payments unit and withdrawing his two nominees for the eBay board.

EBay will add David Dorman, a founding partner of investment firm Centerview Capital Technology, as an independent director to its board, the company said today.