E-commerce auction house eBay Inc became a darling among top US hedge funds in the fourth quarter just before billionaire activist investor, Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
Dell Inc postponed its meeting on CEO Michael Dell's USD 24.4 billion buyout offer to July 24, buying time to solicit more proxy votes and drum up more support despite winning shareholders at the eleventh hour.