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Classified ads ebay Reuters - EBay Inc on Friday announced a review of its StubHub and eBay Classifieds businesses and Classified ads ebay it would appoint two new directors to its board, as part of an agreement with activist investors to avert a proxy lCassified.

The U. The hedge funds had been pushing eBay to improve profitability through a wide-ranging review.

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Classified ads ebay EBay will also add a third new independent director later in the year, it said. The company made its announcement hours before the deadline for investors to nominate directors. The company Classified ads ebay cooperation agreements with Elliott and Adss Value LP, under which the two investors have agreed to certain standstill agreement, including voting along with management, and other provisions with eBay.

Starboard, another prominent activist which has won Classified ads ebay board seats through settlements than other hedge funds, according to data from Lazard, has also been building a stake. Discover Thomson Reuters. Directory of sites.

United States. Business News.

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