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Video game retail chain GamesStop confirmed to the BBC that it is making a $56bn (£41bn) unsolicited takeover offer for eBay.
GameStop has made a $56 billion unsolicited takeover offer for eBay.
KEY POINTS
- GameStop has accumulated a roughly 5% stake in eBay.
- The offer values eBay at $125 per share, about 20% above Friday's closing price.
- GameStop's CEO aims to transform eBay into a much bigger Amazon competitor.
COMPANIES
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