EBay Buying GSI Commerce For $2.4 Billion

EBay is acquiring GSI Commerce as a way to bolster its own interactive marketing and e-commerce services in a deal valued at $2.4 billion. The acquisition will be financed with cash and debt, the online auction company said. More: continued here

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EBay to acquire GSI Commerce for $2.4 billion – MarketWatch

EBay to acquire GSI Commerce for $2.4 billionMarketWatchBy MarketWatch The deal will add to eBay's Marketplace business and is expected to generate $60 million in “synergies.” See full story. The Japanese government says highly radioactive water found in a reactor building, hindering efforts to stabilize …and more » More: continued here

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EBay buys GSI Commerce for $2.4B

SAN FRANCISCO (MarketWatch) — EBay Inc. said Monday morning that it has agreed to acquire GSI Commerce for $2.4 billion, or $29.25 per share – which reprsents a 51% premium over GSI’s most recent closing price. GSI Commerce provides e-commerce and marketing services. As part of the deal, eBay said …

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