EBay Plans Strategic Review of Assets

Review includes classifieds group and StubHub, and it comes as company announces pact with activists

EBay Inc. will review the company’s operations and assets and add two directors to its board, with a third new member to be added later in 2019, as the company has entered into agreements with affiliates of activist investors Elliott Management Corp. and Starboard Value LP.

The company said that management is going to lead the operating review of the company, which its board will oversee. EBay said it is planning on releasing the results of the review in the fall.

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