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Asset Management

Activists Starboard and Elliott lay siege to eBay

The activist investors have stakes in the e-commerce company; Shares of eBay were up over 8% in early trading

EBay is being circled by a pair of activist investors who want the online marketplace to consider parting ways with its StubHub ticketing and classified-ads businesses.

Elliott Management announced Tuesday that it has a more than 4% stake in eBay and urged the online marketplace to consider spinning off or selling StubHub and the classifieds business because they could be worth more on their own.

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