An influential New York hedge Fund is urging Ebay to split and wants to, among other things, the online trading platform of their classifieds, a subsidiary of separates.
New York - with around four per cent involved a financial investor Elliott Management calls for the abandonment of investments to increase the stock value. In a Tuesday Letter published on the Ebay guide Elliott is specially designed for a spin-off of the Online ticket exchange, StubHub and Ebay Classifieds Group, which also includes the German deals Ebay classifieds and mobile.de .
stock shoots in the height
Ebay did not comment on the Initiative. On the market the initiative was well received - the stock shot up in early US trade by almost ten percent in the height. Actually, the company is on the stock market is already no longer under pressure in the past twelve months, the rate dropped to around 20 percent. Since the - also at the Insistence of major investors to successful spin - off of the former growth driver, Paypal in 2015, Ebay has investors in a more difficult.
see also: police warn of eBay classifieds Scam: you can all meet!
Elliott is known as an "activist Investor" with the company they are buying, and aggressive in Management needs to interfere to get more yield out of it. In Germany, the hedge Fund, with its interests in Thyssenkrupp, the plant manufacturer Gea Group and Bayer caused a stir. In addition, Elliott was repeated with speculation and legal actions against payment defaulters governments headlines. To do this, the bets were about the use and servicing of the bonds of the overindebted countries such as Greece or Argentina.
dpa
Date Of Update: 23 January 2019, 00:00
