eBay rejects bid from GameStop

Published:

eBay rejects bid from GameStop
Photo: Wilfredo Lee/AP/TT

Last week, GameStop made an offer to eBay shareholders that would have consisted of half cash and half shares in GameStop, valuing eBay at $125 per share.

The total market capitalization of GameStop is currently around $10 billion, just a quarter of eBay's.

From an investment perspective, there has been great skepticism about the deal, as it has not been clarified how GameStop could finance it.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...