eBay Inc. Acquires GSI Commerce

June 20, 2011

eBay Inc. completed its acquisition of GSI Commerce, purchasing all outstanding shares for $29.25 per share (approximately $2.4 billion) and making GSI a separate business unit. The deal included subsequent divestitures of GSI's licensed sports merchandise business and partial interests in ShopRunner and Rue La La to a holding company led by GSI founder Michael Rubin.

Buyers
eBay Inc.
Targets
GSI Commerce, Inc.
Sellers
GSI Commerce stockholders
Industry
E-Commerce
Location
Pennsylvania, United States
Transaction Type
Buyout

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