eBay on Monday announced plans to acquire GSI Commerce for about $2.4 billion. That equals $29.25 per share for the e-commerce and interactive marketing services provider.
eBay is shelling out a 51 percent premium over GSI’s closing price on Friday and a 47 percent premium over the average closing price over the past 30 trading days. eBay will finance the acquisition with debt and cash — via redwolf.newsvine.com
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