Corporate
Sep. 10, 2010
EBay Wins Against Craigslist
Craigslist Inc. and minority shareholder eBay Inc. are stuck with each other, according to a ruling Thursday by a Delaware judge.
By Craig Anderson
Daily Journal Staff Writer
Craigslist Inc. and minority shareholder eBay Inc. are stuck with each other, according to a ruling Thursday by a Delaware judge.
Chancery Court Judge William Chandler III ruled that Craigslist founder Craig Newmark and CEO Jim Buckmaster violated the rights of eBay by imposing restrictions that reduced its ownership from 28.4 percent to 24.9 percent of the company and hampering the ...
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