January 24, 2008 / 2:09 PM / 10 years ago

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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below