eBay Stock Is In Play As GameStop’s Ryan Cohen Digs In On $56 Billion Bid
GameStop CEO Ryan Cohen said he will “continue doing whatever I need” to buy eBay, keeping pressure on the company after an unsolicited $55.5 billion bid. eBay’s board is reviewing the offer, which includes $125 per share split between cash and GameStop stock. Shares of eBay last traded at $107.69, well below the offer price. Cohen has threatened to take the bid directly to shareholders if the board resists.