eBay Sues Craigslist
phpmysqldev writes "In a very random move eBay has filed a lawsuit against Craigslist to 'protect its investment and shareholders'.
"In a statement, eBay claimed that in January, Craigslist executives took actions that 'unfairly diluted eBay's economic interest by more than 10%'." eBay is a minority shareholder of Craigslist owning 28.4%. Craigslist suspects eBay's intentions are less than honorable, speculating about a possible hostile takeover. The court case is sealed and eBay has not elaborated on its claims."
They own 25% and sound unhappy.
I think it'll be nice if eBay takes over Craigslist. That way I'll be able to use PayPal to pay for all those, ummm, "services" I find on there. Plus I won't need to worry about my wallet disappearing.
This guy's the limit!
CowboyNealslist. *shudder*
No folly is more costly than the folly of intolerant idealism. - Winston Churchill
That would be ridiculous, which in American lawyerese seems to be spelled "with merit".
Yet in Slashdotese it seems to be spelled "rediculous".
This guy's the limit!
I wonder if they offered to pay with a cashier's check for a few hundred dollars over his fee.
I did it for Johnny.
CowboyNealsList: When it comes to selling stuff, we are always the last option!
Yeah, he's pretty bad, but he ain't got nothing on "Anonymous Coward". That guy usually makes dozens (hundreds!) of posts per story and 90% of them have absolutely nothing to say ;)
I want peace on earth and goodwill toward man.
We are the United States Government! We don't do that sort of thing.
/. isn't an actual news site. It's a blog. If you want hot-off-the-press news, go somewhere else. If you want rational, informational discussions with a wide variety of people, try digg.
Wish I had mod points. This is the most informative post I've read this year!
Your brain is not a computer.
It's better when you win it!
Stupid son.
So a hostile takeover is like the business equivalent of catching a Pokemon...except you're using lawsuits instead of status effects, buying shares instead of attacking, and tendering an auction instead of throwing a Pokeball. Makes sense.
"When information is power, privacy is freedom" - Jah-Wren Ryel
"*whoosh*"
Wow, not only is that Anonymous Coward guy quite the prolific poster, he also makes fun of himself for failing to detect sarcasm.
You really should stay on your meds, Mr. AC.
Beauty is in the eye of the beerholder.
Probably on eBay, then Craigslist wouldn't be able to leave negative feedback.
In related news, Safeway announced that it is suing Starbucks because Starbucks is seriously undercutting its coffee sales. Safeway's public relations manager announced, "The American people deserve the opportunity to have a good cup of coffee in the morning, it's a god-given right! Starbucks is undermining that right by introducing mass confusion into the coffee marketplace. Before Starbucks, people always knew that they get their good, dependable, all-American coffee at the same store, at the same place, year after year. Now that Starbucks has appeared, they aren't sure. We have to put a stop to them. It's what Jesus would do."