EBay Files a stockholder Lawsuit against Craigslist

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As some of you know, eBay is a shareholder of Craigslist through a strange sell off deal with an ex-employee in 2004. The relationship between the two companies has been strained. Now eBay is claiming it is less of a shareholder and seeks to reverse the actions of CL execs.

Full details over at the NYTimes site.

 
Ebay v. Craigslist
eBay is claiming they made their intent clear from the start on classified. CEO of Craigslist, Jim Buckmaster, comments on his blog over at: http://blog.craigslist.org/2009/12/delaware-trial-begins/

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