446,000 added by Billionaire Carl Icahn on eBay shares in fourth quarter

 

An eBay sign is seen at an office building in San Jose, California, in this file photo taken May 28, 2014. E-commerce company eEbay Inc on Wednesday announced an agreement with activist investor Carl Icahn that will give investors a greater say in its PayPal payments unit once it is spun off and said it exploring a sale or public offering of its enterprise unit.

Credit: Reuters/Beck Diefenbach/Files (UNITED STATES - Tags: BUSINESS)

Billionaire activist Carl Icahn slightly boosted his exposure to eBay Inc by roughly $25 million in the fourth quarter, according to a regulatory filing on Tuesday.
Icahn added about 446,000 shares in the quarter, about a 1 percent increase in his overall position, nearly 46 million shares. His stake in the Internet commerce company is worth $2.6 billion.
A year ago, Icahn pushed eBay to separate its fast-growing PayPal payments unit. The company rejected him at the time but in September announced it would spin off PayPal after all. Last month, Icahn signed a settlement with the company to give him a board representation.