Meme stock GameStop makes $56 billion bid for eBay in bid to rival Amazon

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Meme stock GameStop makes $56 billion bid for eBay in bid to rival Amazon

A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images U.S. video game retailer GameStop announced Sunday it has made an unsolicited, non-binding …

A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images U.S. video game retailer GameStop announced Sunday it has made an unsolicited, non-binding offer to acquire eBay for $125 per share in a cash-and-stock deal, valuing the e-commerce platform at roughly $55.5 billion . The offer, split evenly between cash and GameStop common stock, represents a 20% premium to eBay's Friday close of $104.07, and a 46% premium to its closing price on Feb . …

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