Craigslist CEO Jim Buckmaster testified Friday that he would never have agreed to do business with eBay Inc. if he knew in 2004 what he knows now about how eBay executives do business. Buckmaster's testimony capped the first week of a closely watched corporate governance trial in which eBay claims that Craigslist unfairly diluted eBay's shares in order to strip it of a seat on the Craigslist board. Buckmaster, one of the trial's most anticipated witnesses, will continue his testimony today.
December 14, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Craigslist CEO Jim Buckmaster testified Friday that he would never have agreed to do business with eBay Inc. if he knew in 2004 what he knows now about how eBay executives do business.
Buckmaster said that as the relationship between the two Internet giants grew increasingly sour, his mind kept returning to the assurances he had received from former eBay CEO Meg Whitman in the 2004 meeting that cinched the deal in which eBay acquired a 28 percent minority stake in Craigslist for $32 million.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
