UPDATE 1-GameStop owns nearly 10% of eBay, SEC filing shows
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Adds details of GameStop's filing
July 17 (Reuters) - Videogame retailer GameStop GME.N owns nearly 10% of e-commerce company eBay, the company said in a regulatory filing late on Friday, nearly three months after making an unsolicited offer to buy eBay for roughly $56 billion.
GameStop said it owns 43.4 million outstanding shares of eBay EBAY.O, or 9.8%, marking a dramatic increase in ownership from early May when GameStop CEO Ryan Cohen told eBay's board chairman "we have accumulated a 5% economic stake" through derivatives and beneficial ownership.
GameStop bought 3.5 million eBay shares for roughly $381 million last month and said it settled 39 million eBay shares from put/call pairs on Friday.
