eBay files governance lawsuit against Craigslist

[IDG] eBay has filed a lawsuit alleging that some changes made by Craigslist’s board of directors have diluted eBay’s investment in the online classified site.
www.infoworld.com/article/08/04/22/eBay-files-governance-lawsuit-against-Craigslist_1.html
www.pcworld.com/businesscenter/article/144964/ebay_files_governance_lawsuit_against_craigslist.htmlEBay sues Craigslist ad website
The online auction giant eBay is suing the popular internet community ad site Craigslist to “safeguard its four-year financial investment”. In a statement, eBay claimed that in January, Craigslist executives took actions that “unfairly diluted eBay’s economic interest by more than 10%”.
http://news.bbc.co.uk/2/hi/business/7362221.stmEBay files suit against Craigslist
All is not well in eBay’s extended family. EBay, based in San Jose, California, filed a lawsuit Tuesday in the state of Delaware against Craigslist, the online classified advertising company in which it owns a minority interest.
http://www.nytimes.com/2008/04/23/technology/23ebay.html
http://iht.com/articles/2008/04/22/technology/22cndebay.phpEBay claims Craigslist unfairly diluted eBay’s stake in it [AP]
In a move that pits two of the Internet’s most popular sites against each other, EBay Inc. sued Craigslist on Tuesday, alleging the classifieds company unfairly tried to dilute the online auctioneer’s stake in it. EBay purchased a 28 percent stake in privately held Craigslist in 2004.
news.theage.com.au/ebay-claims-craigslist-unfairly-diluted-ebays-stake-in-it/20080423-27yq.html
news.smh.com.au/ebay-claims-craigslist-unfairly-diluted-ebays-stake-in-it/20080423-27yq.htmlCraigslist fires back, blasts eBay actions as unethical [AP]
Craigslist is firing back at its rival and minority owner eBay, scolding the online auctioneer’s actions as unethical and smelling of a hostile takeover.In a move that pits two of the Internet’s most popular sites against each other, EBay Inc. sued the online classifieds company Tuesday, alleging it unfairly tried to dilute eBay’s stake in it.
http://www.thestate.com/technology-wire/story/383409.html

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