eBay Closes $2.4 Billion Acquisition Of GSI Commerce

eBay announced its $2.4 billion acquisition GSI Commerce in March, and today the e-commerce giant has announced that the deal has been closed. In a release, eBay said that GSI’s stock holders approved the deal late last week, with the merger closing on June 17. With more than 180 customers …

Read More »

EBay Settles Investor Suits Over GSI Commerce Purchase

(Corrects total amount of settlement in first paragraph.) EBay Inc. (EBAY) , owner of the largest e- commerce market, agreed to pay about $24 million to resolve investor lawsuits over its $2.4 billion acquisition of online marketing firm GSI Commerce Inc. More: continued here

Read More »