An influential New York hedge Fund puts Ebay under pressure. With around four percent involved financial investor Elliott Management calls from the Ebay Management, some investments by the company, to secede, to increase the share value.
In a Tuesday Letter published on the Ebay guide Elliott is specially designed for a spin-off of the Online ticket exchange, StubHub and Ebay Classifieds Group, which also includes the German deals Ebay classifieds and mobile.de .
Ebay did not comment on the Initiative.
On the market the advance was, however, well – the stock shot up in early US trade by almost ten percent in the height.
The company is on the stock market is already no longer under pressure in the past twelve months, the rate dropped to around 20 percent. Since the – also at the Insistence of major investors to successful spin – off of the former growth driver, Paypal in 2015, Ebay has investors in a more difficult.
Elliott is known as an “activist Investor” with the company they are buying, and aggressive in management needs to interfere to get more yield out of it. In Germany, the hedge Fund, with its interests in Thyssenkrupp, the plant manufacturer Gea Group and Bayer caused a stir.