Colnect Finalizes the Acquisition of E-Bay (as confirmed on LinkedIn)

Colnect expanded its market reach today by acquiring the on-line startup E-Bay, in a move designed to solidify its place atop the collectibles market. The transaction was confirmed on LinkedIn, with Amir Wald taking over immediately as E-Bay's Chairman of the Board and CEO. Although the acquisition is expected to increase traffic to Colnect slightly, the real long-term benefits lie in the potential of using the Colnect brand name to rejuvenate E-Bay's (and several of its subsidiaries) fledgling operations and to eventually turn them into profitable ventures with high traffic.



Now seriously: Linked-In should fix this bug ASAP.