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Benzinga
Benzinga
Politics
Chris Katje

It Wasn't Pelosi: A Congress Member Bought Up To $250K In Stock Days Ahead Of Company's Sale, Pocketing Thousands

Tommy Tuberville United States ChannelAdvisor NYSE

Good timing, lucky buy, or more to the story? Those are the choices the public will likely be attributing to a large purchase of shares of a commerce company by a U.S. Senator months before an acquisition was announced.

What Happened: Multichannel commerce platform company ChannelAdvisor Corp (NYSE:ECOM) is set to be acquired by privately held software-as-a-service company CommerceHub.

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