Question: FINA 3000: TEST 3, LECTURE 1 Current Event : Ebay and Pay Pal -alingunned they will split into two Separate FILING - Carl Ichann is

FINA 3000: TEST 3, LECTURE 1 Current Event : Ebay and Pay Pal -alingunned they will split into two Separate FILING - Carl Ichann is the " activist investor " -Why Split ? - Pay Pal needs to be an independent film - they need to develop new technology -this will allow them to pursue business with Amazon and other big* COLLIPaniES Who compete with Ebay - Analysts believe they need a new product _Data analytics is also future growth - AS a result of the announcement , Ebay stock jumped 10% yesterday - Carl Ichann is an activist investor but Warren Buffet is not very active* _Carl posts stuff on twitter that affects stock prices

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