News

April 11, 2014

Bruce Goldfarb discusses Icahn and eBay in the Financial Times

Proxy solicitors said Mr Icahn appeared to have little chance of winning over eBay’s wider investor base, since the company has good relationships with many of its institutional shareholders.

“The settlement works for both sides as it allows the company to avoid the additional expense and distraction of a proxy fight while retaining the optionality of gaining insight from Icahn as an interested investor,” said Bruce Goldfarb, chief executive of Okapi Partners.

Activist investor Icahn gains little after agreeing truce with eBay {Financial Times]