eBay Files Corporate Governance Suit to Protect its Investment in craigslist (Business Wire via Yahoo! Finance)

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SAN JOSE, Calif.—-In order to safeguard its four-year financial investment in craigslist, eBay today filed a lawsuit in the Court of Chancery of the State of Delaware challenging recent transactions implemented by craigslist’s board of directors, consisting of Craig Newmark and Jim Buckmaster.

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