GameStop proposes nearly $56 billion acquisition of eBay

According to reports, GameStop CEO Ryan Cohen stated that he has proactively proposed to acquire eBay for approximately $56 billion. Cohen said that GameStop already holds about 5% of eBay’s shares and proposed to buy it with $125 in cash plus stock per share, representing a premium of about 20% over eBay’s closing price last Friday. (Interface)

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