FairMarket directors set September 3, 2003, as the meeting date for a special stockholder meeting to approve the sale of FairMarket's operating assets to eBay. In June, eBay agreed to acquire former competitor FairMarket for $4.5 million in cash. eBay had invested $2 million in FairMarket 1 year ago, when FairMarket shifted its strategic focus.
At the special meeting, stockholders will also be asked to consider an amendment to FairMarket's amended and restated certificate of incorporation to change its name to "Dynabazaar, Inc." and to elect two Class III directors to its board of directors.
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