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THIS IS INSANELY CRAZY!!!🤯
GameStop, $GME, is offering to buy eBay at $125 per share according to WSJ. This would be a premium of about 20%.
The implied valuation of eBay: $55 BILLION.
That’s nearly 5 times the total market capitalization of GameStop.
The meme stock king that withstood the pressure of 2021 is now trying to swallow the five-times larger legacy e-commerce giant.
Total chaos.