NEW YORK, Feb. 4, 2020 /PRNewswire/ -- Starboard Value
LP (together with its affiliates, "Starboard"), one of the largest
shareholders of eBay Inc. (NASDAQ: EBAY), with an ownership
interest of more than 1.0% of the Company's outstanding shares,
today announced that it has delivered a letter to both Thomas J. Tierney, eBay's Chairman of the Board,
and Scott F. Schenkel, eBay's
Interim Chief Executive Officer, with copies to the Company's Board
of Directors.
The full text of Starboard's letter can be viewed at the
following link:
http://www.starboardvalue.com/wp-content/uploads/Starboard_Value_LP_Letter_to_EBAY_CEO_and_Board_02.04.2020.pdf
About Starboard Value LP
Starboard Value LP is a
New York-based investment adviser
with a focused and differentiated fundamental approach to investing
primarily in publicly traded U.S. companies. Starboard invests in
deeply undervalued companies and actively engages with management
teams and boards of directors to identify and execute on
opportunities to unlock value for the benefit of all
shareholders.
Investor contacts:
Peter Feld, (212) 201-4878
Gavin Molinelli (212) 201-4828
www.starboardvalue.com
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SOURCE Starboard Value LP