eBay Inc

EBAY: XNAS (USA)
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EBay: GameStop Formally Launches a Bid to Take Over the E-Commerce Giant; Shares Pricey

GameStop proposed acquiring eBay for $125 per share ($55.5 billion) in cash and stock, after building a 5% stake in the e-commerce operator. The cash portion of the tie-up is to be financed via $9.4 billion cash on hand and up to $20 billion in debt financing. EBay's shares traded up 5% on the news.

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