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Craigslist Feared eBay Takeover

It diluted auction giant's shares, triggering last week's lawsuit

By Laila Weir,  Newser User

Posted May 1, 2008 5:10 PM CDT

(Newser) – Why did eBay sue Craigslist last week? Craiglist's fear of a hostile takeover played a role, the New York Times reports. The relationship between the classified ads site and minority shareholder eBay began to sour after eBay launched rival site Kijiji. Craigslist’s directors smelled...   Read full story »

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