GSI Commerce to acquire e-Dialog for $157 mln

Jan 24 (Reuters) - Provider of Internet commerce services GSI Commerce Inc (GSIC.O) said it agreed to buy privately held e-Dialog Inc in a cash and stock deal worth $157 million to expand its interactive marketing services in the U.S. and Europe.

The $157 million includes cash of $147.8 million and restricted shares of GSI valued at $9.2 million.

e-Dialog is a provider of advanced e-mail marketing services and technology. (Reporting by Purwa Naveen Raman in Bangalore; Editing by Amitha Rajan)