Wednesday, October 21, 2015

Vimmi Patel EBay Ends Ties With Craigslist, Sells Minority Stake Back To Craigslist

Vimmi Patel founds good article about Craigslist repurchasing of EBay’s stake ends a rocky relationship between two of the Web’s largest online marketplaces. In 2008, eBay sued Craigslist for diluting its stake in the company in a move that caused the online auction firm to lose its board seat. Craigslist later restored eBay’s full stake, but an eBay representative was not reappointed to the board.

Read more about this story here...

http://www.forbes.com/sites/ryanmac/2015/06/19/ebay-ends-ties-with-craigslist-sells-minority-stake-back-to-craigslist/