Skype's Legal Situation Clears

Posted by Soulskill on Friday November 6, 2009 @07:13PM from the everybody-goes-home-happy dept.

chill writes "Skype's co-founders, Janus Friis and Niklas Zennstrom, have agreed to transfer ownership of the remaining Skype technology that eBay didn't own, paving the way for eBay to complete its sale of a majority stake in Skype to an investor consortium. In exchange, Friis and Zennstrom will join the investor consortium and obtain a 14 percent stake in Skype. The other consortium partners, led by Silver Lake, will own a 56 percent stake in Skype, and eBay will hold on to 30 percent, eBay said Friday."

1 of 49 comments (clear)

Min score:

Reason:

Sort:

Re:Not sure that should be the case. by something_wicked_thi · 2009-11-06 20:05 · Score: 4, Insightful

What makes you think the contract lawyers were so incompetent so as not to notice something like this? My bet is they knew what was up, told the execs and they continued, anyway. It's possible what you say is true, but if I were to bet on who was dumber - an exec-turned-politician, or a random contract lawyer, well, I know which one my money's on.