GameStop, the struggling retailer, has turned a significant portion of its financial contracts with eBay into actual shares, giving it a 9.8% stake in the online marketplace. This move, orchestrated by Ryan Cohen, is seen as a step towards a potential takeover, despite eBay's initial rejection of his advances. The development signals a strategic shift for GameStop, which has been struggling with declining sales, as it seeks to leverage its newfound influence over eBay.

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