Chief Executive Ryan Cohen said he was making an unsolicited offer to buy eBay EBAY 0.57%increase; green up pointing triangle for about $56 billion and saw a path to make the e-commerce company a much bigger competitor to Amazon.com AMZN 1.21%increase; green up pointing triangle.
Cohen told The Wall Street Journal that GameStop has built a roughly 5% stake in eBay and was offering $125 a share in cash and stock, a roughly 20% premium to its closing price on Friday.
u/BimboSlice5 — 10 days ago