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EBay Agrees To Buy GSI Commerce For About $2.4 Bln

Online auctioner eBay, Inc. agreed Monday to acquire e-commerce solutions and services provider GSI Commerce, Inc. for $29.25 per share in cash, or a total consideration of about $2.4 billion. eBay noted that the deal, which is subject to regulatory and GSI shareholder approval, is expected to close in the …

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eBay Acquires GSI Commerce for $2.4 Billion

eBay today announced a plan to acquire GSI Commerce at $29.25 per share, or for $2.4 billion in cash and debt. This marks eBays second biggest acquisition to date as it tries to handle e-commerce set up for other large retailers and brands in opposition to Amazon who’s trying to …

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