eBay sues craigslist; cites dilution

EBay said Tuesday that it is suing craigslist, Craig Newmark and Jim Buckmaster to “safeguard its four-year financial investment.”
The auction giant bought a 28.4 percent stake in craigslist in 2004, but alleges that in January that Newmark and Buckmaster “adopted measures that, among other things, unfairly diluted eBay’s economic interest in craigslist by more than […]