GameStop makes $56 billion takeover bid for eBay

NEW YORK, United States – US video game retailer GameStop made a takeover bid on Sunday to buy eBay for about $55.5 billion in an attempt to turn the online marketplace into a competitor to e-commerce giant Amazon. Gamestop is offering $125 per share in a combination of stock and cash, a 46 percent premium over the average stock price since it began acquiring shares in eBay on February 4, it said in a release. READ: gamestop-ousts-ceo-and-cohen-takes-reins-as-sales-fall-again “EBay should be worth — and will be worth — a lot more money,” GameStop CEO Ryan Cohen said in an interview with […]... Keep on reading: GameStop makes $56 billion takeover bid for eBay

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