EBay said it cut a deal with activist shareholders that have been pressing for change at the internet auction site, naming two new independent directors to its board. Under the agreement with the shareholders, Elliott Management and Starboard Value, Elliott’s Jesse Cohn and Matt Murphy of Marvell Technology immediately joined the eBay board while the company promised to appoint a third...
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Patreon Considers Public Listing as Soon as This Year
Patreon, the online service that allows podcasters, musicians and other artists to receive direct financial support from fans, is considering a public listing as soon as this year, said a person with knowledge of discussions. The San Francisco startup has met with banks and has been approached by special purpose acquisition companies, though the latter path to the public markets isn’t...
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