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GameStop Proposes $55.5 Billion Acquisition of eBay in Unsolicited Offer

GameStop, the US-based video game retailer, has made an unsolicited $55.5 billion bid to acquire eBay, offering $125 per share paid half in cash and half in stock. The company’s CEO has indicated that the offer could turn hostile if eBay’s board rejects the proposal. GameStop has quietly accrued a 5% stake in eBay ahead of this bid.

The Guardian
The Guardian