Starboard Delivers Letter to eBay

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, [phone]
Gavin Molinelli [phone]
www.starboardvalue.com

 

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SOURCE Starboard Value LP

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