Upcoming eBay acquisition GSI Commerce posts 1Q loss – Bizjournals.com

TechJournal South Upcoming eBay acquisition GSI Commerce posts 1Q lossBizjournals.comThey consisted of $7.3 million related to the pending acquisition of GSI (NASDAQ:GSIC) by eBay Inc. (NASDAQ:EBAY); $3.5 million of expenses related to GSI's acquisition of Fanatics Inc.; and $3.3 million of earn-out expenses related to GSI's …GSI 1Q loss deepens …

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5 eBay Deals: Will Going Hyper-Local Mean Hyper-Profits?

(eBay acquisitions updated with Fig Card deal.) NEW YORK (TheStreet) — eBay has been gobbling up new assets in 2011, as it aggressively makes purchases that fit its new local strategy. The e-commerce giant said in February that it is eying deals that more closely link the online and brick-and-mortar …

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Consolidation possible at Post Office

Because of the economic downturn and a sizeable decrease in the volume of mail, the United States Postal Service will conduct a study to determine whether some of the operations at the Fort Wayne Processing and Distribution Center should be moved to South Bend. More: continued here

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