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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 …

(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

Scotland Courier Usan Salmon Fisheries warns Christmas trade will be hit by post office closureScotland CourierThe owners of an Angus salmon fishery have claimed the closure of a post office could badly affect trade this Christmas. David Pullar snr and jnr at Usan Salmon Fisheries. By Graeme Bletcher david Pullar …

VatorNews eBay Closes $2.4 Billion Acquisition Of GSI CommerceTechCruncheBay 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 …

Exclusive: Government Warns On Royal Mail Sell-OffsSky News (blog)Royal Mail would cease to be a commercially viable business if it is forced to sell GLS, its profitable parcels arm, as part of a state aid settlement, the Government has warned. Ministers have told the European Commission that GLS's cashflow is …

By David Eade Dear reader, I need your help on this one. Every month I send a letter from the post office in Main Street to a business just five minutes walk away. More: continued here

Seven Summits Strategic Investments releases its Stocks To Watch Guide. Â More: continued here

Five weeks into his reign at Penrith, the NRL club’s new football supremo Phil Gould has stamped his authority by disciplining players. More: continued here

A sensor developed by FedEx may help increase the rigor of measurements for climate scientists. More: continued here

Retired Detroit cop foils carjacking; suspect is in custodyDetroit Free PressHe walked from the post office to his Ford Escape, carefully looking around as he always does, before getting in the vehicle. A second later, a gun was pointed at him. It was early afternoon on June 13, and Moses …