Shares of online retail giant eBay were up more than 4% Monday after GameStop, the video-game and fandom-culture retailer, launched an unsolicited $56 billion takeover bid. On Sunday, GameStop announced that it submitted a nonbinding proposal to acquire 100% of eBay for $125.00 per share (comprising 50% cash and 50% GameStop common stock) — valuing […]
Source: Variety