Meme-stock giant makes unsolicited offer to buy eBay, a firm 5x bigger than itself
Meme-stock giant GameStop made an unsolicited offer to buy eBay for $55.5 billion, offering $125/share and representing a 20% premium to the e-commerce company's last close of $104.07, CNBC reported. The deal gains prominence as it values eBay 5x more than GameStop's $11.40-billion valuation. GameStop will finance the deal with cash, its own stock and debt.