GameStop plans to make a $56 billion bid to acquire eBay

Odaily Planet Daily reports that GameStop will bid $56 billion to acquire eBay. It is understood that GameStop CEO Ryan Cohen stated that GameStop currently owns approximately 5% of eBay’s shares and proposed to acquire eBay through a combination of cash and stock, at $125 per share, about a 20% premium over eBay’s closing price last Friday. (The Wall Street Journal)

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