Ethel Jiang / Business Insider: Finance
Billionaire hedge-fund manager Paul Singers Elliott Management revealed a $1.4 billion stake in eBa – eBay was surging, up more than 9% Tuesday to $33.81 a share, after billionaire hedge-fund manager Paul Singers Elliott Management revealed a $1.4 billion stake in the company. Elliotts stake, which represents more than 4% of eBay, was revealed in an open letter the hedge fund published Tuesday. In its …