June 1, 2005

eBay to Acquire Shopping.com

eBay to Acquire Shopping.com (press release)

"eBay has agreed to acquire all outstanding shares of Shopping.com stock for $21 per share in cash. Based on the number of Shopping.com shares outstanding on May 31, 2005, the total consideration would amount to approximately $620 million. Shopping.com's cash, cash equivalents, and marketable securities as of May 31, 2005 totaled approximately $140 million."

more soon...

hat tip: Niall Kennedy

eBay to Acquire Shopping.com
Posted by Sean O'Rourke on June 1, 2005 at 6:13 PM
Archived at Shopping.com