Craigslist merely punitive in Rights Plan, rules Delaware Judge

10 Sep 2010
The conclusion by Delaware Chancellor William Chandler III in the case of 3705-CC rescinds both the Rights Plan and the ROFR (Right of First Refusal) / Dilutive Issuance actions of Craig Newmark and Jim Buckmaster, Craigslist majority shareholders, but does not rescind their Sta

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.