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Struggling Video Game Retailer GameStop Is Reportedly Trying To Buy…eBay?!

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Key summary

2 min read
  1. The Wall Street Journal reports that GameStop is building a stake in eBay and may make an acquisition offer by month-end.

  2. If eBay’s board resists, CEO Ryan Cohen could take the bid directly to shareholders.

  3. The move comes after GameStop’s mixed earnings and eBay’s strong revenue growth.

  4. A deal would be an unusual reversal for GameStop and could sharply affect both companies’ stock outlooks.

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