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GameStop makes a $56 billion offer to buy eBay, doesn't explain where the money will come from.
GameStop has made a $56 billion offer to acquire eBay at $125 per share.
KEY POINTS
- GameStop claims a $20 billion debt financing commitment from TD Bank for the deal.
- The remaining funding may involve Middle Eastern sovereign-wealth funds, according to WSJ sources.
- GameStop CEO Ryan Cohen aims to build an Amazon competitor valued at hundreds of billions.
COMPANIES
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