Following a very public feud, EBay and Carl Ichan are making nice. The activist investor is withdrawing his bid for two seats on the company’s board and his demand that it sell a minority stake
in its PayPal unit to shareholders, The New York Times reports. “In return, eBay will add as a new director -- David W. Dorman, the former chief executive of AT&T and a candidate both sides
have agreed on.”
Read the whole story at The New York Times »
