GameStop doet $56 miljard bod op eBay

GameStop has made a $56 billion takeover proposal for eBay, offering $125 per share in cash and stock, according to the Wall Street Journal. GameStop CEO Ryan Cohen stated the company has acquired approximately 5% of eBay and secured $20 billion in debt financing from TD Bank. Cohen indicated he is prepared to pursue a proxy fight and present the offer directly to shareholders if needed. The formal offer was expected to be announced publicly on Sunday.