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Carl Icahn Walks Away From eBay Proxy Fight

Peter Kafka covers media and technology, and their intersection, at Vox. Many of his stories can be found in his Kafka on Media newsletter, and he also hosts the Recode Media podcast.

Carl Icahn and eBay have settled their proxy fight, and it looks like the e-commerce pioneer has won: Icahn has dropped his demand to install two of his employees on eBay’s board, and will stop campaigning to split PayPal into a separate company. EBay’s concession to Icahn is a move to appoint former AT&T CEO David Dorman as an independent director.

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