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The Guardian - UK
The Guardian - UK
Technology
Kalyeena Makortoff

GameStop makes $55.5bn takeover offer for eBay

eBay GameStop Ryan Cohen
Visitors view the eBay booth at CES trade show in Las Vegas
GameStop’s CEO said he could turn eBay into something worth hundreds of billions of dollars. Photograph: Steve Marcus/Reuters

US video games retailer GameStop has offered to buy eBay for $55.5bn (£41bn) in an unsolicited bid that its boss warned could turn hostile if the proposal is rebuffed by eBay’s board.

GameStop, which has quietly accumulated a 5% stake in eBay, said it was willing to pay $125 a share, split 50-50 between cash and stock.

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