TITLE

eBay Charges Skullduggery at Craigslist

AUTHOR(S)
Schachter, Ken
PUB. DATE
May 2008
SOURCE
Red Herring;5/1/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the legal dispute between eBay and craigslist. The tie-up between craigslist.org and eBay can be attributed to an August 2004 investment in which eBay purchased a 28.4% stake in the company's outstanding stock. In June 2007, relations between the companies started to deteriorate when eBay launched an online classified site called Kijiji. According to the lawsuit, a series of meetings were held to discuss the potential threat of an unwelcome takeover and adoption of a poison pill.
ACCESSION #
36834886

 

Related Articles

  • Untitled. Grant, Ian // Computer Weekly;12/15/2009, p20 

    The article reports that EBay Inc. is suing Craigslist Inc., the U.S. classified advertising website, for diluting its shareholding and invoking a poison pill to stop eBay from selling its shares to anyone other than Craigslist. eBay hopes to have Craigslist's actions set aside and have its seat...

  • Hostile takeover defenses that maximize shareholder wealth. Pearce II, John A.; Robinson, Richard B.; Jr. // Business Horizons;Sep/Oct2004, Vol. 47 Issue 5, p15 

    Companies enact defenses against hostile takeovers to protect their independence and current management initiatives, or to help ensure that hostile bidders are pressured to present their best offers. The critical challenge for executives is to determine-in anticipation of attacks on their...

  • CRAIGSLIST--A CASE FOR CRIMINAL LIABILITY FOR ONLINE SERVICE PROVIDERS? Radbod, Shahrzad T. // Berkeley Technology Law Journal;2010 Annual Review, Vol. 25 Issue 1, p597 

    The article discusses a court case wherein plaintiff's lawsuit was dismissed and defendant online service provider Craigslist Inc. was granted immunity under section 230 of the Communications Decency Act in the U.S. The district court in its decision stated that Craigslist had section 230...

  • Rainforest rejects call to kill 'poison pill' terms.  // Nation's Restaurant News;10/16/2000, Vol. 34 Issue 42, p3 

    Reports that Rainforest Cafe Inc. has rejected the State of Wisconsin Investment Board's request for the company to amend or remove its poison-pill takeover defense following Landry's Seafood Restaurant Inc.'s offer to acquire the company.

  • When Poison Pills Aren't Poisonous. Taub, Stephen // AR Magazine;Aug2013, Vol. 5 Issue 8, p47 

    The article discusses the increase in the number of U.S. companies that are using so-called poison pills to deter activist investors. Poison pills are defined as short-term shareholder rights plans that are designed to protect companies from a hostile takeover. The rights plan is triggered when...

  • A Fresh Look at Poison Pills. Helman, Robert A.; Junewicz, James J. // Business Lawyer;May87, Vol. 42 Issue 3, p771 

    Focuses on the adoption of poison pill plans to protect minority shareholders from inadequate takeovers in the United States. Authority of the board of directors of a company to negotiate with potential acquirers; Approval of the plans.

  • The battle lines on chewable pills. Sikora, Martin // Mergers & Acquisitions: The Dealermaker's Journal;Sep/Oct99, Vol. 34 Issue 2, p11 

    Focuses on the variation of the shareholder rights plan called the chewable poison pill in the United States. Criticisms against the pill; Role of investor Guy Wyser-Pratte and the State of Wisconsin Investment Board on the proposition of the pill; Overview on the chewable pill.

  • Poison pills increased by 10 percent in 1990.  // Corporate Board;Mar/Apr91, Vol. 12 Issue 67, p25 

    Reports on the rise in the number of United States corporations that have adopted poison pills to deter takeovers between 1989 and 1990. Election of directors; Adoption of other types of defensive measures.

  • WHO'S LIABLE FOR ILLEGAL POSTS ONLINE? Cole, Wendy // Time International (South Pacific Edition);2/27/2006, Issue 8, p14 

    The article reports that the Chicago Lawyers' Committee, a civil rights group, recently sued Craiglist Inc. for running advertisements on its Web site that allegedly violate the Fair Housing Act, a U.S. federal law that bans housing discrimination. The site helps people in 190 cities around the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics