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EBay sues Craigslist


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EBay 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.stm

:evilgrin

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They own a 28.4% share, that's what confuses me. I think it's a take over attempt of some kind.

Ah yes.. yo could be right! Sue for millions, settle fo controling share % :evilgrin

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