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PC Connection acquires Outpost

PC Connection today announced that it will buy Cyberian Outpost, more commonly referred to as Outpost.com, in a stock-swap whose value depends on Outpost’s revenues in June, July, and August as well as the trading price of PC Connection shares. PC Connection will immediately provide Outpost with two credit lines of up to US$8 million to sustain operations. Outpost.com grabbed the attention of many consumers with its offer of free overnight shipping, a policy that the company finally did away with earlier this year in a bid to reach to profitability. To date, Outpost.com has functionality solely in the red.

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