eBay to Pay More for GSI, Acquisition Expected to Close Friday

GSI Commerce shareholders complained that the company wasn't getting enough money for its sale to eBay and sued GSI and its board. eBay announced in March it would acquire GSI Commerce for $29.25 a share, or total consideration of approximately $2.4 billion. Last week, the parties reached a settlement agreement in principle that will see eBay kick in 33 cents more per share.