As online retailing continues its explosive growth, the market for e-retail-related mergers and acquisitions has become red hot. In a fast-moving business such as this, some players want to stay ahead of the market by buying what they need instead of developing it. Other retail chains are buying e-retailing operations because they have not developed their own online expertise and suddenly realize the need to do so fast. And some multi-channel retailers are buying because they want to solidify already leading positions on the web. As these factors come together, buyers may be facing offers they can't refuse. Our first speaker, who has been involved as a financial adviser with several acquisitions in the past two years, will look at the state of the acquisitions market, analyze recent acquisitions and look at the prices that were paid and whether they were justified. Our second speaker, whose company has made several e-retail acquisitions in the past few years, will tell buyers how to analyze an acquisition and how to determine whether it fits into a company's online retailing strategy.