Court Dismisses Two eBay Claims Against Craigslist

A Delaware court dismissed two of eBay's claims against classified website Craigslist and its two biggest shareholders, but five key claims remain to be heard in an upcoming trial. The case, expected to go to trial in December after two delays, stems from an April 2008 lawsuit filed by eBay in which the online giant claimed Craigslist's two majority shareholders approved a "coercive plan" that diluted eBay's minority share in the company from 28.4 percent to 24.85 percent.

  • Read the article: Reuters