Craigslist Counter-Sues eBay; Wants Them Out as Holder

Craigslist today filed a counter-suit against eBay (EBAY) in state court in California, alleging unfair competition and a host of other misdeeds. The suits comes several weeks after eBay had sued Craigslist alleging that eBay’s stake in the online classified ad provider had been improperly diluted by the Craigslist board.

This is an ugly situation getting uglier by the minute.

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