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FINANCIAL TIMES (FT): eBay in $2.4B Deal for GSI Commerce

FINANCIAL TIMES (FT): eBay in $2.4B Deal for GSI Commerce

  • News
  • March 29, 2011

By Helen Thomas in New York and Chris Nuttall in San Francisco Ebay has made a bid to revive sales growth and diversify its business with the agreed acquisition of GSI Commerce, an interactive marketing company, for about $2.4bn, including debt. Ebay will pay $29.25 a share, a premium of 51 per cent over GSI’s closing share price... Read More

THE DEAL: eBay Buys GSI for $2.4B in Bid for Large Retailers

THE DEAL: eBay Buys GSI for $2.4B in Bid for Large Retailers

  • News
  • March 29, 2011

While eBay Inc. may be best known as an online auction house where individuals buy and sell goods, the San Jose, Calif., company aspires to loftier goals, setting its sights on becoming "the leading strategic global commerce partner of choice for retailers and brands of all sizes." To that end, eBay is spending $2.4 billion to acquire GS... Read More

Iraq and Afghanistan: Impressions by Peter J. Solomon

Iraq and Afghanistan: Impressions by Peter J. Solomon

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  • March 28, 2011

Earlier this month, I spent a week with a delegation from the Council on Foreign Relations and under the auspices of the Central Command meeting with military and civilian leaders in Iraq and Afghanistan, including General David Petraeus. We travelled by C-130 aircraft, Chinook and Blackhawk helicopters and armored vans. We visited B... Read More

WWD: eBay in $2.4B Deal for GSI Commerce

WWD: eBay in $2.4B Deal for GSI Commerce

  • News
  • March 28, 2011

By Alexandra Steigrad EBay Inc. on Monday ratched up its battle with e-tailing behemoth Amazon.com with a $2.4 billion deal to buy e-commerce and marketing service provider GSI Commerce, owner of designer and luxury goods flash sale site Rue La La. The deal will take eBay one step further away from its decelerating auction model ... Read More

BLOOMBERG: HCA Returning Three Times Cost Shows Timing Trumps Overhauls

BLOOMBERG: HCA Returning Three Times Cost Shows Timing Trumps Overhauls

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  • March 4, 2011

By Sree Bhaktavatsalam, Cristina Alesci and Pat Wechsler What a difference 10 months have made for HCA Inc. and its private-equity owners, KKR & Co., Bain Capital LLC and Bank of America Corp. When the hospital operator, which went private in a record leveraged buyout in 2006, filed in May to go public, U.S. initial offerings were st... Read More

THE DEAL: Regis Increases Provalliance Stake

THE DEAL: Regis Increases Provalliance Stake

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  • February 2, 2011

By Demitri Diakantonis Regis Corp., operator of the Supercuts hair salon chain, announced late Tuesday, Feb. 1, that it acquired an additional 17% stake in European counterpart Provalliance SAS for $56 million. Regis now owns a 46% stake in the operator of Jean Louis David, Franck Provost and Saint Algue hair salons. The tran... Read More

Investment Dealer’s Digest (IDD): Fashioning a Solid Transaction

Investment Dealer’s Digest (IDD): Fashioning a Solid Transaction

  • News
  • January 28, 2011

Phillips-Van Heusen's $3 billion-plus purchase brought Calvin Klein and Tommy Hilfiger under the same roof By Danielle Fugazy Buying Tommy Hilfiger from Apax Partners for $3.1 billion made Phillips-Van Heusen, or PVH, one of the world’s largest apparel companies. Shares of PVH, owner of the Calvin Klein brand, have appreciated over ... Read More