eBay splashes $2.4bn for ecommerce services firm
eBay has splashed out $2.4bn to buy ecommerce services outfit GSI Commerce in a deal will do little to dampen concerns about wonky valuations in the tech sector. eBay is paying $29.25 a share for the firm, which it says is a 51 per cent premium over the target's Friday closing price, and a 47 per cent premium over its average …
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Another Donahoe Turnaround?
Wow, this is a great deal for someone, but is it a great deal for eBay stockholders? Follow the money, boys; look for the secret commissions for the people who organized this purchase.
Enron / eBay / PayPal / Donahoe: Dead Men Walking.
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