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eBay to Buy GSI Commerce for $2.4B

NEW YORK (TheStreet) — eBay announced on Monday that it will acquire GSI Commerce for $2.4 billion, or $29.25 a share. The deal, which is expected to close in the third quarter, represents a 51% premium over GSI’s closing price on March 25. “We intend to lead the next generation of commerce innovation. The acquisition of GSI, which offers the most comprehensive integrated suite of online …

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