GameStop Makes Unsolicited $55.5 Billion Offer to Acquire eBay

GameStop has made a non-binding takeover offer for eBay at $125 per share, valuing the e-commerce platform at $55.5 billion. The offer, which includes half cash and half stock, represents a 20% premium over eBay's recent closing price. However, GameStop's current market value is significantly lower than the proposed deal size, raising questions about the feasibility of the acquisition.

By Yun Li,Anniek Bao,Annie Palmer · CNBC ·

GameStop Makes Unsolicited $55.5 Billion Offer to Acquire eBay

Tickers: $EBAY $GME

Topics: corporate strategy eBay e-commerce GameStop takeover

Read the full article at CNBC

More World news