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eBay buys Shopping.com

$620 million in cash

         

jcoronella

10:50 pm on Jun 1, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member




The online marketplace is expected to pay $21 a share of Shopping.com's shares, or a 20% premium, both companies announced late Wednesday.

[marketwatch.com...]

shorebreak

11:06 pm on Jun 1, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



The new combined company will be called... SheBay

BriGuy20

12:36 am on Jun 2, 2005 (gmt 0)

10+ Year Member



I was almost considering buying Shopping.com stock. This gives me a reason to keep eBay stock, though.

Seems like a good idea to me.