GameStop makes $56 billion takeover bid for eBay
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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
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
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