eBay's stock jumps 5% to $109.33, below GameStop's $125/share acquisition offer, in a sign investors see hurdles to completing a deal; GameStop stock drops 10%
Meme Stock GameStop Pitches $56 Billion eBay Takeover — Video Player is loading. — Unmute — Current Time 0:00 Loaded: 36.28% Playback Rate
GameStop makes an unsolicited ~$56B offer to buy eBay after building a ~5% stake, offering $125/share in cash and stock, a ~20% premium on May 1's closing price
EBay said Monday its board and financial advisers would review GameStop's unsolicited proposal
Sources: GameStop is preparing to make an offer for eBay after quietly building a stake; GameStop had a market cap of ~$11B as of May 1, while eBay had ~$45B
Retailer's CEO Ryan Cohen has been eyeing a major deal, in part to clinch a huge payday — GameStop is preparing to make an offer for eBay …
Sources: GameStop is preparing to make an offer for eBay after quietly building a stake; GameStop had a market cap of ~$11B as of May 1, while eBay had ~$45B
Retailer's CEO Ryan Cohen has been eyeing a major deal, in part to clinch a huge payday — GameStop is preparing to make an offer for eBay …
Filing: GameStop acquires 4,710 bitcoin for its corporate treasury, but does not disclose the total purchase amount, after announcing a bitcoin plan in March
- The video game retailer announced a 4,710 bitcoin purchase on May 28. — GameStop previously announced plans to adopt Bitcoin …
GameStop says its board has unanimously approved a plan to buy bitcoin with its corporate cash, and it has not set a ceiling on how much bitcoin it may purchase
Video game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash …
Sources: GameStop will get a share of the lifetime digital sales revenue for any Xbox console they sell, but the specific cut is unknown and likely small
Kyle Orland / Ars Technica :
GameStop shares close down 27% after the board of the video game and electronics retailer said it had ended its search for a buyer
Rachel Siegel / Washington Post :
GameStop says it will close at least 150 stores after sales fell 14% last quarter
Maria Armental / Wall Street Journal :
GameStop says it will close at least 150 stores after sales fell 14% last quarter
Maria Armental / Wall Street Journal :