This week we mentioned that eBay filed lawsuit against Craigslist because CL founders Craig Newmark and Jim Buckmaster had "unfairly diluted eBay’s economic interest in the company." What happened was that CL reduced eBay's economic interest in Craigslist by more than 10 percent. Why? To stave off a potential takeover. At least according to CL blog:
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Craigslist "Smells" an eBay Takeover
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