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Management Buyout of GSI Commerce Investigated by Tripp Levy PLLC

NEW YORK--(BUSINESS WIRE)--Tripp Levy PLLC, a leading national securities law firm, announces an investigation into the proposed acquisition of GSI Commerce (NASDAQ: GSIC) by EBAY and GSI's CEO, Michael Rubin, for all the outstanding common shares of GSIC for $29.25 per share. As part of the transaction, GSI's founder and CEO, Michael Rubin, who owns approx. 6.5% of GSIC shares, through a newly formed entity between him and EBAY, will own and operate GSI's licensed sports merchandise business and its ShopRunner and RueLaLa's businesses.