GameStop Increases eBay Stake to Nearly 10% Amid Continued Acquisition Push
GameStop has increased its stake in eBay from 5% to nearly 10%, according to an SEC filing, as it continues efforts to acquire the online marketplace. The gaming retailer now owns over 43 million shares of eBay stock worth $381 million acquired between June 8 and June 15.
Topics: acquisition bid eBay GameStop stake disclosure