Post #2413588
2026-05-05 13:42 UTC
“GameStop (GS) has made an unsolicited offer to buy eBay for $56 billion, a roughly 20% premium to the company's stock closing price on Friday. GS is currently valued at around $12 billion. GS has around $9 billion in cash and a commitment letter from TD Bank to provide up to $20 billion in debt financing to help make the deal possible, but it is unknown how the company will come up with the rest of the money.”
A meme stock with barely any money trying to buy EBay. Peak 2026.
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