Source: International Business Times
Gamestop is offering $56 billion to buy Ebay. GameStop has made an unsolicited offer to acquire eBay in a deal that would be valued at about $56 billion, proposing a cash-and-stock transaction combining the video game retailer's physical store network with one of the world's largest online marketplaces. The bid values eBay at $125 per share and represents a premium of roughly 20% over its prior closing level, according to details disclosed in the proposal and reported by Reuters.
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