Carl Icahn Wants eBay To Take 20% Of PayPal Public

In his most recent open letter to eBay shareholders, activist investor Carl Icahn outlined the plan for splitting PayPal and eBay that he's been hinting at for weeks.  He thinks that eBay should go through an initial public offering of PayPal, selling 20% of the company to the public while keeping majority ownership.  He says that bringing only 20% of the company public could allow it to increase product offerings and innovations and be more attractive to top talent and potential acquisitions,...