GameStop Owns 9.8% of eBay, Signaling Intent to Pursue Bid
Deals·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
GameStop has revealed in a regulatory filing that it owns 9.8% of eBay. This move comes after GameStop's unsolicited $56 billion offer for eBay was rejected.
The filing indicates GameStop's intention to continue pursuing its bid for the e-commerce company, highlighting its significant stake in eBay as part of its strategy.
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Sources
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SourceReports the news
“GameStop owns nearly 10% of eBay, SEC filing shows”
Yahoo Finance — GameStop owns nearly 10% of eBay, SEC filing shows“Reuters: SEC filing: GameStop says it owns 9.8% of eBay, signaling its intent to press ahead with a bid for the company after its unsolicited $56B offer was rejected — Videogame retailer”
techmeme — SEC filing: GameStop says it owns 9.8% of eBay, signaling its intent to press ahead with a bid for the company after its unsolicited $56B offer was rejected (Reuters)