Icahn increases investment in EBay

New York – Billionaire activist investor Carl Icahn has increased his investment holding in EBay Inc. In his regulatory filing for fourth quarter 2014, Icahn disclosed that he purchased about 446,000 shares of EBay.



This boosted his EBay holding by 1% to 46 million shares, currently worth about $2.6 billion. Icahn was an early and vocal proponent of the EBay-PayPal split which is expected to occur by the middle of this year. In January 2015, Icahn reached an agreement with EBay to obtain board representation and have a say in how the new spun-off PayPal company will be structured.



As an investor who manages more than $100 million, Icahn is required to file quarterly reports.