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$76.04

+0.43 (+0.57%)

As of Jun 23, 9:58 PM ET ·

CNS News3 articles

Ryan Cohen Intensifies $55.5 Billion eBay Bid, Threatens Shareholder Appeal

GameStop CEO Ryan Cohen is pushing forward with a $55.5 billion bid for eBay, threatening a direct appeal to shareholders if the board resists. eBay shares trade below the offer price.

GameStop's $55.5 Billion eBay Offer Faces Skepticism as Cohen Pursues Transformation

GameStop's $55.5 billion bid for eBay at $125 per share faces Wall Street skepticism, with eBay's market cap nearly four times larger. EBay shares rose but stayed below offer, while GameStop fell 3%.

GameStop Prepares Bid for eBay, Testing Cohen's $100B Goal

GameStop is preparing a takeover bid for eBay, with CEO Ryan Cohen's $100B market cap compensation plan on the line. eBay shares surged 14% after-hours.