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E-commerce Markets

EBay Names Board Members, Considers StubHub Sale in Deal With Investors

By Nick Wingfield
· · Source: The Information

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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