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A Right from eBay...
conches
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5-13-2008 5:27 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fd1e6536-fb1d-43a6-817a-682e0f112377/99525382-B69D-4961-9215-9C624D94CFCD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.mathewingram.com/work/2008/04/30/ebay-and-craigslist-a-fox-in-the-henhouse/" href="http://www.mathewingram.com/work/2008/04/30/ebay-and-craigslist-a-fox-in-the-henhouse/" style="font-size: 11px;">www.mathewingram.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.mathewingram.com/work/2008/04/30/ebay-and-craigslist-a-fox-in-the-henhouse/"><H2 id="post-2378" class="post_name"><A title="Permanent Link to eBay and Craigslist: A fox in the henhouse" rel="bookmark" href="http://www.mathewingram.com/work/2008/04/30/ebay-and-craigslist-a-fox-in-the-henhouse/">eBay and Craigslist: A fox in the henhouse</A></H2> <DIV class="post_meta"> Posted by Mathew @ 9:19 pm on April 30 2008 | | </DIV> <P>A week or so ago, eBay filed a lawsuit against Craigslist, alleging that the controlling shareholders of the classified site — namely, founder Craig Newmark and CEO Jim Buckmaster — had taken certain steps to dilute the auction provider’s minority stake in the company, and thereby had breached their fiduciary duty and injured eBay as a shareholder. Craigslist has now <A href="http://files.shareholder.com/downloads/ebay/226550478x0x192471/5a92c5ee-98c3-4a85-a507-0ecd8c81e41b/eBay_LetterwithPublicRedactedVerifiedComplaint.pdf">made the statement of claim public</A>, and it reads like a corporate version of a divorce court filing. These two parties are married, but they really don’t want to be, and each one is trying its hardest to get out of the relationship without losing everything.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.mathewingram.com/work/2008/04/30/ebay-and-craigslist-a-fox-in-the-henhouse/">According to the statement (which obviously has only one side of the story) eBay says that Craig and Jim got mad when Kijiji — the eBay subsidiary that competes with Craigslist — started up operations in the United States</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/99525382-B69D-4961-9215-9C624D94CFCD/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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