PayPal may approve activist investor Elliot to board

Visit the original URL
Activist investor Elliott Investment Management is negotiating a deal with PayPal, sources said. Under the agreement, Elliott will participate in determining the future direction of PayPal. Negotiations between Elliott and PayPal were amicable, and the former could get a seat on PayPal’s board, according to people familiar with the matter who spoke on condition of anonymity. The two sides are likely to announce the deal in the coming days, the sources said. However, negotiations are still ongoing and could still break down. (Sina Technology)
media coverage

CNBeta IT Home TechWeb 36Kr
event tracking

This article is reproduced from:
This site is for inclusion only, and the copyright belongs to the original author.

Leave a Comment

Your email address will not be published.