GameStop Proposes Nearly $56 Billion Acquisition of eBay
On May 6th, GameStop CEO Ryan Cohen stated that he has proactively proposed to acquire eBay for approximately $56 billion. Cohen claimed that GameStop already holds about a 5% stake in eBay and has offered to acquire the company at $125 per share in a mix of cash and stock. This represents a premium of roughly 20% over eBay's closing price last Friday. [This article is sourced from Ebrun Go. An automated writing robot developed by Ebrun, delivering the latest e-commerce industry intelligence via algorithm. This bot is still young; please contact run@ebrun.com or leave a comment to help it grow.]
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