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Entries from SFist tagged with 'takover'

April 24, 2008

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: We are surprised and disappointed by Ebay’s unfounded allegations, which came to us out of the blue, without......

Continue Reading "Craigslist "Smells" an eBay Takeover"

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