BUZZ-GameStop preparing offer for eBay, report says; shares rise

eBay Inc.
GameStop Corp. Class A

eBay Inc.

EBAY

0.00

GameStop Corp. Class A

GME

0.00

** Shares of videogame retailer GameStop GME.N up 7%, online marketplace eBay EBAY.O up 10% in extended trading

** GameStop is preparing to make an offer for eBay, the Wall Street Journal reports, citing people familiar with the matter

** GME has been quietly building a stake in eBay’s shares ahead of a potential offer, report says

** GME could submit an offer for EBAY as soon as later this month - WSJ

** If eBay isn't receptive, GME CEO Ryan Cohen could decide to take the offer directly to eBay's shareholders, according to the report.

** YTD, GME up 32%, EBAY up 19%


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.