Tuesday, December 8, 2009

more truth comes out: craigslist representative had told ebay that Newmark and Buckmaster "may have been looking for a way to cash out" -- say *what?*

MORE: twitter: ebay v. craigslist: truth comes out: Newmark and Buckmaster "may have been looking for a way to cash out"-- say *what?* http://bit.ly/5c0PG0 3 minutes ago from web
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"EBay Deputy General Counsel Brian Levey, who helped handle eBay's purchase of a 28% stake in Craigslist in 2004, said in Delaware Chancery Court Tuesday that a representative for Craigslist shareholders mentioned that the company may be interested in finding equity financing, and that the two remaining shareholders, Craig Newmark and Jim Buckmaster may have been looking for a way to "cash out." (2nd paragraph)

Delia

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