eBay, GameStop
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GameStop, the struggling brick-and-mortar video game retailer with a market value of about $12 billion, wants to buy eBay, an e-commerce company worth around $46 billion.
GameStop is reportedly preparing a takeover bid for eBay as CEO Ryan Cohen pursues a plan to transform the retailer into a $100 billion e-commerce powerhouse. The move targets a company nearly four times GameStop’s market value, with financing expected ...
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 could be on the verge of massive changes.
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.
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.
To answer the headline off the bat, no, GameStop 's ( GME 0.30%) stock is not going to $0 anytime soon.
GameStop Corp (NYSE: GME) shares rose more than 4% in Fridays after-hours trading following reports that the company is preparing a formal bid to acquire eBay Inc (NASDAQ: EBAY). The news also triggered a sharp rally