Post by Augustine Chiagozie (@pabloexchange)

🛒 GameStop Offers $56B to Buy eBay

GameStop has proposed acquiring eBay for $56 billion, offering $125 per share.

GameStop shares have been meme-driven, rising on news like its Bitcoin purchase. Now it aims to buy the struggling eBay.

eBay trades at a 20% premium to the market.
GameStop, worth about $12 billion, is trying to buy a company roughly five times its size and has acquired 5% of eBay shares.

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