GameStop Offers $55.5B to Buy eBay in Cash-and-Stock Deal

GameStop submitted a non-binding proposal to acquire eBay for $125 per share in a cash-and-stock deal valued at $55.5 billion. GameStop said the offer implies a 46% premium to eBay’s February 4 closing price, and Ryan Cohen said he could take the bid to shareholders in a proxy fight if needed. eBay said it has not held discussions with GameStop and that shareholders do not need to take action.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin