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EBay Inc (EBAY.O) said it has sold its 28.4 percent stake in Craigslist Inc back to the online classified advertising company. eBay Sells Craigslist Stake Back To The Company [reuters.com]
The companies have been feuding for years in civil court over allegations that eBay took a stake in Craigslist and then misappropriated confidential information while secretly planning its own classifieds site.