Can’t Fight This Feeling Anymore- After Years Of Resistance, Ebay Announces Plan To Spin Off Paypal

We first discussed the idea that Ebay(EBAY) might spin off PayPal nearly four years ago, on October 28, 2010.  More recently, the company and CEO John Donahoe repeatedly resisted withering attacks from legendary activist investor Carl Icahn, who began pushing for the spinoff early this year.  Today, the company has reversed course, and announced that it will spin… Read More »