eBay To Buy GSI Commerce For $29.25 A Share

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

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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 …

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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

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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

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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 …

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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

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