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 third quarter of 2011. Following…
The Business Insider Now You Can Buy Courtney Love's Old Clothes On eBayThe Business InsiderCourtney Love is cleaning out her closets — and selling some of her clothes on eBay. Love, who frequently blogs about her sartorial choices, has stocked her eBay store with shoes, bags, and dresses she's worn (and, in some cases, hand-dyed….
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 compete with these retailers. “These…
Online marketplace eBay agreed to buy GSI Commerce Inc. (GSIC) for approximately $2.4 billion in cash and debt or $29.25 a share, which is expected to close the third quarter of 2011. eBay and GSI logo Coined by Batangas Today As announced by eBay on its official website on Monday, March 28, 2011, the company…
Google I/O ticket listed on eBay reaches $3000Android CentralThis isn't the first time we've seen Google I/O tickets go up for sale on eBay — previously they were being sold for what we thought at the time was an alarmingly high price. But, this one — this one, takes the cake, and some most might…
EBAY has agreed to acquire GSI Commerce for $2.4 billion in a move that will make it a bigger rival to Amazon.com. More: continued here
EBay plans to buy e-commerce company GSI Commerce for $1.96 billion in cash. More: continued here
After 46 years, papal jewelry up for auction in NCThe Associated PressJeweler Alan Perry plans to auction the cross and ring on eBay later this month. He was approached about the items by a woman whose husband bought them years ago. She retired to Wilmington after his death. Perry, the owner of Perry's Emporium, …Papal…
The $2.4 billion purchase is expected to help the online auctioneer better compete with Seattle-based Amazon, More: continued here
New York Magazine Derek Lam for eBay Is Now Available to Order; Coco Rocha Covers Elle CanadaNew York Magazine• Coco Rocha covers the May issue of Elle Canada in a Jean Paul Gaultier couture dress. [DesignScene] • A spoof video on YouTube reported that a made-up designer by the name of Costello Culo was replacing…