🕌 Middle East 13h ago · AFP

GameStop makes $56 billion takeover bid for eBay

Iraq News Wire
View Channel →
Source ↗ 👁 0 💬 0
New York – US video game retailer GameStop made a takeover bid on Sunday to buy eBay for about $55.5 billion in an attempt to turn the online marketplace into a competitor to e-commerce giant Amazon.
Gamestop is offering $125 per share in a combination of stock and cash, a 46 percent premium over the average stock price since it began acquiring shares in eBay on February 4, it said in a release.
“EBay should be worth — and will be worth — a lot more money,” GameStop CEO Ryan Co

Comments (0)

Sign in to join the discussion

More Like This

US close to delivering Israeli 'Gideon' KC-46 refueling aircraft for future Iran attacks
JPost.com - The Jerusalem Post - All News from the Middle East, Israel, and the Jewish World · 4h ago
Money, power, exile: Inside an Iranian exile’s war on regime-linked wealth in Canada
JPost.com - The Jerusalem Post - All News from the Middle East, Israel, and the Jewish World · 4h ago
NATO's Rutte: Europeans are ensuring agreements with US on military bases are implemented
JPost.com - The Jerusalem Post - All News from the Middle East, Israel, and the Jewish World · 6h ago
Drone gun-running ring from Jordan to West Bank busted, five suspects indicted
JPost.com - The Jerusalem Post - All News from the Middle East, Israel, and the Jewish World · 6h ago
Any vessel violating Iran’s rules will be stopped by force, says IRGC
Section Feed · 6h ago
📰
Iraq’s financial revenues hit $11.45 billion in January and February
Iraqi News · 7h ago