Video game retail company and meme stock champion GameStop has made an offer to take over bidding website eBay for $56 billion. If successful, GameStop would take control of a company four times larger in market capitalisation, with CEO Ryan Cohen saying the new entity could rival e-commerce platforms like Amazon. Also in this edition: we take a look back at the collapse of US low-cost carrier Spirit Airlines over the weekend.
GameStop makes $56 billion bid to take over eBay in hopes of building Amazon rival
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Story Timeline
Mon 19:53 - Benzinga
GameStop Bets On Retro: The Strategy Behind In-Store Rollout - Amazon.com (NASDAQ:AMZN), eBay (NASDAQ:EBA - Benzinga
Sun 17:31 - Engadget
GameStop Is Reportedly Preparing An Offer To Buy eBay - Engadget
Sun 18:50 - Polygon.com
GameStop's reported eBay acquisition would be horrible for gamers in every way - Polygon.com
Mon 01:30 - Investor's Business Daily
GameStop Offering To Buy EBay For $56 Billion: WSJ - Investor's Business Daily
Mon 02:00 - Stocktwits
EBAY Stock Jumps Overnight On 20% Premium GameStop Bid — Michael Burry Sees 'Sky-High' Upside Despite Risks - Stocktwits
Mon 02:22 - BBC Headlines
GameStop makes $55.5bn takeover offer for eBay
Mon 02:22 - BBC
GameStop makes $55.5bn takeover offer for eBay - BBC
Mon 04:06 - Financial Times
GameStop makes unsolicited $56bn offer for eBay - Financial Times
Mon 07:26 - SRF Wirtschaft
$56 billion deal – Gamestop wants to buy eBay
Mon 07:26 - SRF Wirtschaft
56 billion dollar deal – the small Gamestop wants to buy the big eBay
Mon 08:47 - France 24
GameStop makes $56 billion bid to take over eBay in hopes of building Amazon rival
Mon 09:04 - Tagesschau
GameStop wants to take over eBay for $56 billion
Mon 09:07 - Euronews
GameStop launches $56 billion takeover bid for e-commerce giant eBay
Mon 09:21 - TVN24 (PL)
Sensational offer. GameStop determined
Mon 09:27 - Barron's
EBay Stock Surges After GameStop Makes $56 Billion Bid. What to Know. - Barron's
Mon 09:50 - Yahoo Finance
GameStop proposes $55.5bn takeover of eBay - Yahoo Finance
Mon 10:07 - Rzeczpospolita (PL)
GameStop wants to acquire eBay for $56 billion