GameStop CEO Ryan Cohen is all smiles
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Ryan Cohen wants to build the next Berkshire Hathaway but the man who maybe believed in him most just sold everything
GameStop has made a bid to buy out eBay, and if the deal goes through, the implications for trading card games could be huge.
GameStop is currently holding a "Buy More, Save More" sale on a selection of pre-owned games, allowing you to save 10%, 20%, or 30% depending on the number of games you add to your cart.
And now GameStop is setting its sights on acquiring a much larger company, announcing on Sunday that it has made an unsolicited offer to purchase eBay (NASDAQ: EBAY) at $125 per share in a cash-and-stock deal.
I, like a number of other journalists, suggested half-jokingly in the text that GameStop was doing this to raise money toward purchasing e-commerce giant eBay, a website it wants to buy but seemingly cannot afford.