ebay

GSI Commerce shareholders had complained that the company was not getting enough money for its sale to eBay and sued GSI and its board – eBay had announced in March it would acquire GSI Commerce for $29.25 a share, or total consideration of approximately $2.4 billion. More: continued here

EBay said Monday it had agreed to settle lawsuits over its planned acquisition of GSI Commerce by making an additional payment to GSI shareholders and selling some assets to GSI CEO Michael Rubin. More: continued here

Reuters Africa The $2.6 Million Buffett Power LunchNew York Times (blog)The five-day auction, held on eBay, stalled after one bidder trumped a rival by a mere $100 last Monday. Bidders did not pick up their virtual paddles again until the auction chugged toward its close. Proceeds from the auction will …

EBay Inc. (EBAY) , owner of the largest e- commerce market, and its takeover target GSI Commerce Inc. (GSIC) settled an investor suit claiming EBay’s $2.4 billion takeover offer undervalued GSI. More: continued here

eBay traders could be hit over unpaid taxDirector of Finance onlineeBay Inc (NASDAQ:EBAY) traders in the UK could be targeted for unpaid tax suggests a tax expert. ACCA (the Association of Chartered Certified Accountants) is today warning traders, who use online sites such as eBay, that they could be targeted …

Auctionbytes eBay Announces Large-Merchant Integration PlatformAuctionbyteseBay announced its new Merchant Integration Platform on the company's tech blog. The program helps large retail merchants use their existing product feeds to integrate with eBay and reduces "on-boarding" costs. … More: continued here

Auctionbytes Ebay Settles Suits Over GSI Commerce Buy, To Sell AssetsWall Street JournalEBay Inc. (EBAY) agreed to settle lawsuits over its planned acquisition of GSI Commerce Inc. (GSIC) by making an additional payment to GSI shareholders and selling some assets to GSI Chief Executive Michael Rubin. EBay agreed in March …

eBay announced its new Merchant Integration Platform on the company’s tech blog. The program helps large retail merchants use their existing product feeds to integrate with eBay and reduces “on-boarding” costs. More: continued here

Reuters Africa Two Secret Bidders Enter The Battle For Lunch With Warren Buffett, Only One …Business InsiderBidding to have lunch with Warren Buffett got underway last week on eBay and bidding battle began between two bidders: "s***l" and "o***r." "O***r" came out on top, with the winning $2345678 bid. The …

eBay said it had won a regulatory victory in France, explaining that 3 years ago, the French Parliament had proposed a draft bill that would have subjected eBay to the same regulation and licensing requirements as traditional auctioneers. More: continued here