eBay, GameStop
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A major deal could be in the works, but don't assume it will happen.
The size mismatch is hard to overlook. GameStop carries a market value of around $12 billion; eBay sits closer to $46 billion. Despite that gap, GameStop
GameStop is reportedly preparing a bid for eBay, aiming to increase its market value significantly, according to the Wall Street Journal.
GameStop could be on the verge of massive changes.
GameStop is reportedly interesting in buying eBay, which has done a better job of adapting to changing consumer preferences.
GameStop is currently holding a "Buy More, Save More" sale on a selection of pre-owned games, allowing you to save 10%, 20%, or 30% depending on the number of games you add to your cart.
To answer the headline off the bat, no, GameStop 's ( GME 0.30%) stock is not going to $0 anytime soon.
Word that GameStop is gearing up to take a swing at buying eBay hit San Jose like a thunderclap yesterday, suddenly putting the e-commerce giant’s hometown headquarters under a very bright spotlight.