Video game retailer GameStop is making a $55.5bn unsolicited offer for resale web giant eBay, the company announced on Sunday evening.
GameStop has built a 5 per cent stake in eBay and is offering $125 a share, half in cash and half in stock. That represents a 46 per cent premium to eBay’s closing price on February 4, the day GameStop began accumulating its position.
In a letter to the chair of eBay’s board, GameStop chief executive Ryan Cohen said that he believed that a merger could cut costs and boost earnings. Cohen also said that GameStop’s storefront across the US, of which there are roughly 1,600, would give “eBay a national network for authentication, intake, fulfilment and live commerce”.
您已阅读26%（704字），剩余74%（2029字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。