EBay Agrees to Buy GSI Commerce for $29.25 a share
March 28, 2011 at 12:17 PM EDT
EBay Inc (EBAY) said Monday that it will acquire e-commerce and marketing services firm GSI Commerce Inc. (GSIC) for $1.96 billion in cash and debt in a bid to draw more buyers and sellers to its online marketplaces. The purchase price of $29.25 a share represents a premium of about 51% over GSI’s closing price [...]
