In a major shift in business strategy, eBay (EBAY) this morning announced a deal to acquire the e-commerce services provider GSI Commerce (GSIC) for $29.25 a share in cash for $2.4 billion. The deal is expected to close in the third quarter. More: continued here
Read More »Why eBay Wants to Buy GSI Commerce – GigaOm
Siliconrepublic.com Why eBay Wants to Buy GSI CommerceGigaOm28, 2011, 8:53am PT No Comments Auction giant eBay said today that it will buy GSI Commerce, a King of Prussia, Pa.-based provider of e-commerce and marketing services for a whopping $2.4 billion in cash and debt. The deal is part of eBay's …
Read More »Changes in the Route of Postal Services to Save Money – TopNews United States
Chicagoist Changes in the Route of Postal Services to Save MoneyTopNews United StatesPostmaster General, Patrick Donahoe revealed that the United States Postal Service will move in April to the Spring Hill Post Office as a part of nationwide cost-saving measures. The 7 district offices are being moved next month, which …
Read More »eBay to buy GSI Commerce for $2.4 bn
Online auction giant eBay announced Monday that it has agreed to acquire GSI Commerce, a provider of electronic commerce and interactive marketing services, for $29.25 a share or $2.4 billion. More: continued here
Read More »Isle food stamp use rises
The number of Hawaii residents signing up for food stamps increased at a faster pace than the national average last year as state officials expanded eligibility for the program to help people suffering from the economic slowdown. More: continued here
Read More »Stocks Advance In Early Trading With eBay (EBAY) And AstraZeneca (AZN) On The Move – Market Intelligence Center
Stocks Advance In Early Trading With eBay (EBAY) And AstraZeneca (AZN) On The MoveMarket Intelligence CenterEBay (EBAY) moved lower after the company announced it has agreed to buy GSI Commerce, a digital marketing and e-commerce company, for $2.4 billion. Ebay says the acquisition will bolster its capacity to connect buyers …
Read More »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 …
Read More »eBay Continues Acquisition Spree With GSI Commerce
eBay is buying GSI Commerce, which provides back-end e-commerce and marketing services to companies, for $2.4 billion. eBay will use a combination of cash and debt and expects the deal to close in the third quarter. More: continued here
Read More »eBay buys GSI for $2.4 billion; Rubin to keep part
eBay buys GSI Commerce for a 50% premium over its recent share price More: continued here
Read More »eBay Inc. to Acquire GSI Commerce for $2.4 Billion
eBay Inc. (NASDAQ: EBAY) announced today that it has agreed to acquire GSI Commerce (NASDAQ: GSIC), a leading provider of ecommerce and interactive marketing services, for $29.25 a share, or total consideration of approximately $2.4 billion. More: continued here
Read More »