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Ebay Sells Craigslist Stake Back To Craigslist


Ron Burgundy
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A sign hangs outside the offices of online marketplace eBay in Toronto(Reuters) - EBay Inc said it has sold its 28.4 percent stake in Craigslist Inc back to the online classified advertising company. Under a confidential settlement agreement, all litigation between the companies will also be dismissed, eBay said in a blog post. The companies have been feuding for years in civil court over allegations that eBay took a stake in Craigslist and then misappropriated confidential information while secretly planning its own classifieds site.




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