EBay Inc (NASDAQ: EBAY) has purchased e-commerce company GSI Commerce (NASDAQ: GSIC) for $1.96 billion in cash. It plans to bring in more buyers to its online marketplace and get more business from large stores. EBay offered GSI shareholders $29.25 per share, and the stock jumped over 50% on Monday. Shares of
Ebay were down just 2.5% on the news.
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