GameStop pursues massive eBay acquisition. The videogame retailer has made a 56 billion dollar bid to acquire eBay through a combination of cash and stock, offering 125 dollars per share, representing a 20 percent premium over eBay's Friday closing price of 104.07 dollars. GameStop CEO Ryan Cohen has signaled willingness to bypass eBay's board and appeal directly to shareholders if the offer is rejected, potentially launching a hostile takeover attempt. The move is ambitious given eBay's market value is nearly four times larger than GameStop's. Cohen argues the merger would unlock significant cost savings and growth opportunities, positioning the combined entity as a formidable Amazon competitor. GameStop has already accumulated approximately 5 percent ownership stake in eBay, strengthening its position for the acquisition push.
