
PANews May 2 news, according to the Wall Street Journal, informed sources revealed that GameStop is preparing to make a takeover bid for eBay, which is part of CEO Ryan Cohen's bold plan to transform the retailer into a company worth over $100 billion. As of Friday's closing, GameStop's market value is about $11 billion, quietly acquiring shares of eBay in preparation for a possible acquisition. In contrast, eBay's market value is about $45 billion, several times that of GameStop.
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