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WILMINGTON, Del. — Relations are strained in eBay’s extended family. EBay filed a lawsuit in the Delaware Court of Chancery on Tuesday against Craigs- list, the online classified advertising company in which it owns a minority stake.
In a statement, eBay said that in January, Craigslist executives took actions that “unfairly diluted eBay’s economic interest” in the company. EBay did not specify what those actions were but said they diluted its 28.4 percent share in the company by more than 10 percent.
EBay bought an interest in Craigslist in 2004 for an undisclosed sum. In a blog entry, Craigslist said it was “surprised and very disappointed” by what it said were eBay’s “unfounded allegations.” The New York Times
