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eBay invests in auction firm

eBay Inc. (Nasdaq: EBAY), along with Benchmark Capital and Morgan Stanley Dean Witter, has invested $22 million in TradeOut.
Written by ZDNET Editors, Contributor
eBay Inc. (Nasdaq: EBAY), along with Benchmark Capital and Morgan Stanley Dean Witter, has invested $22 million in TradeOut.com. TradeOut operates an electronic marketplace for surplus goods. eBay's Meg Whitman will join the TradeOut board, as will Bill Gurley and David Beirne of Benchmark. Full story. -- Margaret Kane, ZDNet News

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