GSI

  • eBay Acquires GSI Commerce For $2.4 Billion In Cash And Debt

    eBay Acquires GSI Commerce For $2.4 Billion In Cash And Debt

    eBay has just announced that it has agreed to buy GSI Commerce, a provider of ecommerce and interactive marketing services, for $29.25 a share, or total consideration of approximately $2.4 billion. The acquisition, which will be financed with cash and debt, is expected to close in Q3 2011. With more than 180 customers across 14 merchandise categories, GSI has long-term commerce services… Read More