From the Center
AllSides Media Bias Rating: Center
GameStop GME 6.33%increase; green up pointing triangle Chief Executive Ryan Cohen made an unsolicited offer to buy eBay EBAY 0.57%increase; green up pointing triangle for about $56 billion and said he saw a path to make the e-commerce company a much bigger competitor to Amazon.com AMZN 1.21%increase; green up pointing triangle.
Cohen told The Wall Street Journal on Sunday that GameStop built a roughly 5% stake in eBay and was offering $125 a share in cash and stock, a roughly 20% premium to its closing price on Friday.
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