GameStop is preparing to make an acquisition offer to eBay

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ME News Report, May 2 (UTC+8), according to informed sources, GameStop is preparing to make an acquisition offer to eBay. This is part of the bold plan by the company’s CEO Ryan Cohen to turn the retailer into a business worth over $100 billion. As of Friday’s close, GameStop’s market capitalization was about $11 billion, quietly acquiring shares of eBay in preparation for a possible takeover. In comparison, eBay’s market cap is approximately $45 billion, several times that of GameStop. (Source: PANews)

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