Author Topic: Big News for Craigslist - eBay sells equity  (Read 783 times)

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Southern Jewel's Fab Finds

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Big News for Craigslist - eBay sells equity
« on: June 20, 2015, 09:23:29 AM »
Big news for Craigslist — eBay has sold it stake back to the company and dismissed all legal claims

eBay, Inc. announced 6-19-2015 it has sold its equity interest in craigslist back to craigslist.  In 2004, eBay acquired a 28.4% equity interest in craigslist.  Under a confidential settlement agreement, craigslist has repurchased all of eBay's equity and all litigation between eBay and craigslist will be dismissed.



  

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