In February 2020, activist investor Starboard Value LP stepped up pressure on eBay to sell its classifieds unit. One year later, the sale of eBay Classifieds Group to Adevinta hit a snag due to regulators in the UK. eBay announced Read more
Activist investor Starboard Value LP is easing off on its pressure against eBay, which issued a press release today containing a joint statement from the two companies. Last month, Starboard Value had nominated four candidates to the eBay board, which Read more
eBay Interim CEO Scott Schenkel sent an email to all employees on Thursday in response to the action taken by activist investor Starboard Value LP. In it, he asked them to stay focused, acknowledging that it wasn’t easy given the Read more
eBay responded to a letter its Board of Directors received this morning from activist investor Starboard Value LP pressuring it to hire an outside candidate for its CEO position and add four new members to its Board of Directors. Starboard Read more
Activist investor Starboard Value LP made public its demands to eBay that it hire an outside candidate for its CEO position and add four new members to its Board of Directors. In a letter today to Thomas Tierney, eBay’s Chairman Read more
eBay issued a statement in response to a letter from activist investor Starboard Value LP to its Chairman Thomas Tierney and interim CEO Scott Schenkel – see this morning’s Newsflash article (“Starboard to eBay: Sell Classifieds, Cut Marketplace Costs“). In Read more
Activist investor Starboard Value LP stepped up pressure on eBay to move faster to separate its eBay Classifieds Group and to cut eBay Marketplaces costs. It also voiced its support for Managed Payments and eBay’s initiative to increase revenue from Read more
