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Icahn Says Call for IPO of 20% of PayPal Due to ‘Pragmatism’ 2014-03-24 16:57:46.166 GMT
By Beth Mellor March 24 (Bloomberg) -- Carl Icahn says on CNBC that move to call for EBay to conduct IPO of 20% of PayPal is due to “pragmatism.” * NOTE: Icahn had previously called for EBAY/PayPal split * Reiterates that EBAY CEO John Donahoe has not done a good job * NOTE: March 19, EBAY said doesn’t believe partial spinoff of PayPal will make it more competitive or accelerate growth
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To contact the reporter on this story: Beth Mellor in New York at +1-212-617-3078 or bmellor@bloomberg.net To contact the editors responsible for this story: Joanna Ossinger at +1-212-617-7789 or jossinger@bloomberg.net Beth Mellor