GameStop makes $56 billion offer to acquire eBay

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A photograph  of a GameStop storefront

GameStop has made an offer to get eBay for $56 billion, which comes arsenic portion of GameStop CEO Ryan Cohen's program to alteration the online marketplace into a "legit rival to Amazon," helium tells The Wall Street Journal. In an announcement connected Monday, eBay says it volition "carefully review" the unsolicited proposal, adding that it had "no discussions with oregon outreach from GameStop" earlier receiving the bid.

GameStop says it volition money the acquisition utilizing $9.4 cardinal connected the company's equilibrium expanse and third-party financing, including up to $20 cardinal from TD Securities. As noted by the WSJ, the institution doesn't accidental however it volition money the remainder of …

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