eBay is in the process of acquiring all outstanding shares of comparison-shopping site Shopping.com for $21 per share. This will come out to about $620 million. As of May 31, Shopping.com's cash, cash equivalents, and marketable securities totaled about $140 million. eBay's sellers will have a new sales channel and access to a new set of buyers as a result of this acquisition. "On Shopping.com, the shopping experience will be enhanced by the addition of eBay listings to the product selection already available, and merchants will enjoy additional traffic and leads from eBay. Finally, the consumer-generated reviews on Epinions complement eBay's own community feedback-driven marketplace."
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