eBay, GameStop
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The Wall Street Journal reported over the weekend that GameStop was working on a buyout offer for eBay. The combined companies would have some legit advantages and synergies. Unfortunately for GameStop,
GameStop is reportedly preparing a bid for eBay, aiming to increase its market value significantly, according to the Wall Street Journal.
The size mismatch is hard to overlook. GameStop carries a market value of around $12 billion; eBay sits closer to $46 billion. Despite that gap, GameStop
Word that GameStop is gearing up to take a swing at buying eBay hit San Jose like a thunderclap yesterday, suddenly putting the e-commerce giant’s hometown headquarters under a very bright spotlight.
GameStop is preparing a bid for eBay. CEO Ryan Cohen is quietly building a stake in the $46bn marketplace as he chases a $100bn company valuation.