GameStop offers to buy eBay for $55.5 billion, threatens hostile bid

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GameStop offers to buy eBay for $55.5 billion, threatens hostile bid

GameStop has offered to buy eBay for $55.5 billion, a move that would give the video game retailer control over a decades-old online marketplace where people can buy and sell collectibles, apparel, …

GameStop has offered to buy eBay for $55.5 billion, a move that would give the video game retailer control over a decades-old online marketplace where people can buy and sell collectibles, apparel, and other goods. Under the takeover proposal , GameStop said on Sunday it is offering $125 per share for eBay in cash and stock. The video game company, based in Grapevine, Texas, already has a 5% stake in eBay. …

Original source: CBS News Top

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