Ebay hoped to acquire Craigslist

I'm glad they didn't. Despite CL's shortcomings, it's hard to see eBay making them <i>better</i> in any way.

It's absolutely crazy to me that eBay was able to acquire 28% of Craigslist for $32 million. What a steal. The unnamed CL executive who sold his shares must be kicking himself now!

Seems like a pretty reasonable target. You’re in the online auction business, so why not shift to just being an online market?

Behind a paywall.<p>Possible to read it by going through Google News ( <a href="http://news.google.com/news/search?aq=f&#38;pz=1&#38;cf=all&#38;ned=us&#38;hl=en&#38;q=%22Ebay+hoped+to+acquire+Craigslist%22" rel="nofollow">http://news.google.com/news/search?aq=f&#38;pz=1&#38;cf=all&...</a> ) and clicking the Financial Times link.