The Guardian Australia – Business
·business
·1 hour ago
GameStop CEO opens eBay storefront to pay for potential eBay acquisition
GameStop CEO Ryan Cohen opened an eBay storefront Tuesday selling vintage games and merchandise to help fund the company's unsolicited $55.5 billion bid for eBay itself. Cohen's account was briefly suspended but later reinstated, with items including $15,000 store signs and $14,000 tube socks attracting bids. The acquisition's funding source remains unclear as GameStop's stock dropped 10 percent.
Summary by Glance · The Guardian Australia – Business
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