04-23-2008
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eBay Sues Craigslist
phpmysqldev writes "In a very random move eBay has filed a lawsuit against Craigslist to 'protect its investment and shareholders'. "In a statement, eBay claimed that in January, Craigslist executives took actions that 'unfairly diluted eBay's economic interest by more than 10%'." eBay is a minority shareholder of Craigslist owning 28.4%. Craigslist suspects eBay's intentions are less than honorable, speculating about a possible hostile takeover. The court case is sealed and eBay has not elaborated on its claims." http://slashdot.org/slashdot-it.pl?f...8/04/23/145255
Read more of this story at Slashdot.
http://rss.slashdot.org/~a/Slashdot/slashdot?i=qPbgGf
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