Latest eBay News – Nov, 2015.
Carl Icahn Sells eBay Stake to Invest in PayPal
Carl Icahn is something of a big deal when it comes to investors. He’s cultivated a reputation as a so-called ‘activist’ investor for his outspoken views on what a business should be doing, his high media profile and his huge amounts of money to invest in companies. So, when he makes a move in or out of a company, it’s usually for a pretty good reason.
Filings now show that Icahn swapped his entire equity stake in eBay Inc for the same number of shares in PayPal Holdings Inc during the third quarter of this year. In total, Icahn had 46.3 million shares in eBay (3.8% of the comoany), and now reports the same number of shares in PayPal. Icahn, of course, had been pushing eBay to spin off PayPal for a number of months last year, and now has board representation at PayPal through Icahn Capital’s managing director Jonathan Christodoro.
Iconic Lotus Sport Bike Goes Up for Sale
eBay is home to a everything from vintage dresses to new homes, but it’s not every day a rare piece of sporting history pops up on the website. Indeed, it’s not every day that news of a mint condition Lotus Sport frame in existence turns up, but that’s exactly what’s gone on this week on eBay.
British Cycling came roaring back into the limelight in 1992 when Chris Boardman rode to victory in the individual pursuit at the Barcelona Olympics on a gorgeous, iconic Lotus Sport 108 track bike, winning the race for the first time in 72 years. Only 15 of the bikes were ever made, and most that have survived now live in museums for prosperity.
This mint condition example was purchased in Amsterdam from a Dutch gentleman who said he had purchased the frame new in the 1990s from Lotus directly. He requested a custom yellow paint job from the British company and carbon black font for the text, and had been kept in a bike bag since it was delivered in the early 90s. It’s up for sale on eBay for a starting price of £8000 now.
Source: Cycling Weekly
Gerrard’s Farewell Boots fetch over £40,000
For some fans, going to the games just isn’t enough, especially when it comes to club legends. Once such legend is Steven Gerrard, whose career with Liverpool was marked by over 500 first team appearances and 120 goals from midfield over a 17 year career. As a local lad, his final few games for the club were special, and so Adidas created 17 pairs of custom Predators for him to wear during that last season.
Last week, the last of those pairs, designed for his final game, went up for sale on eBay in aid of the British Red Cross. The boots were signed by Gerrard himself, and excitement was high. Indeed, a number of calls were placed to the 0844 800 3119 contact number for eBay in order to verify their authenticity, which eBay were able to do.
Ultimately, the boots went for £40,200 and raised a terrific amount of money for the British Red Cross’ European Refugee Crisis Appeal. Unfortunately for the buyer, they also had to pony up £10 for postage to their house.
Source: The Mirror
Welsh Home with Ancient Castle Remains Goes Up on eBay
There’s no shortage of things you can buy on eBay, but an ancient Welsh castle? That’s the bonus prize with this 300 year old Welsh farm. The site is now little more than a mound where once the Motte and Bailey castle stood, but is still listed by the country as an area of protection.
Source: Wales Online