WSJ: ebay Settles Suit With Skype Founders Over Sale >EBAY

Nov 6th, 2009 - Wall Street Journal

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OF THE WALL STREET JOURNAL

EBay Inc. (EBAY) announced a legal settlement with the co-founders of Skype, allowing a planned $2 billion deal to sell a majority share in the Internet communications company to a group of investors to proceed.

Skype's founders Niklas Zennstrom and Janus Friis will join the consortium by taking a 14% stake in the company, and will also join the company's board. In exchange, they will make an undisclosed cash investment and withdraw lawsuits their companies Joltid Ltd. and Joost ...

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