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GameStop

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28 days ago

CEO Cohen, who has built a 5 percent position in eBay, has hinted he may take offer directly to eBay shareholders.

The ‘meme stock’ company is remembered for Reddit traders sending its share price into orbit but its move on the auction site looks less likely to take off

  • GameStop’s $55.5bn bid for eBay rejected as …

The online auction giant said it doubted how the video game retailer would finance its offer.

Online marketplace takes into account uncertainty around US video games retailer’s financing proposal

  • Business live – latest updates

The board of eBay has rejected the US video games retailer GameStop’…

These are the stocks posting the largest moves in early trading.
Many analysts questioned the deal, citing questions about how GameStop would finance the transaction and the strategic rationale.
EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller ⁠GameStop on doubts over the financing of the deal.

32 days ago

His $56bn hostile bid for eBay has baffled Wall Street, but it could be the world’s first meme stock-driven deal

33 days ago

Ryan Cohen selling tube socks and baseball cards after offering $55.5bn, although source of funds remains unclear

The CEO of GameStop, Ryan Cohen, said he was selling vintage video games, baseball car…

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