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eBay Acquires GSI Commerce in $2.4 Billion Deal

eBay has agreed to buy GSI Commerce, an ecommerce and marketing services provider, for $29.25 per share, which adds up to about $2.4 billion. The sale will be financed with cash and debt, and is expected to close in the third quarter of this year.GSI serves more than 180 customers across 14 merchandise categories, and holds long-term relationships in ecommerce services with a considerable range …

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