GameStop is preparing a potential offer to acquire eBay as part of CEO Ryan Cohen's strategy to increase GameStop's market value by more than tenfold. The company has been quietly buying shares of eBay, which has a market capitalization of about $46 billion, and could make an offer as soon as later this month. If eBay resists, Cohen may take the offer directly to eBay's shareholders. This move follows a compensation plan for Cohen tied to a major turnaround for GameStop, which has struggled since its 2021 peak during the meme-stock rally.

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Gamer trades $1,000 in physical games at GameStop after Sony ends disc era.

After Sony announced it will stop producing physical videogame discs by 2028, a gamer in Columbus, Ohio, traded $1,000 worth of physical games at GameStop for store credit. This move highlights a shift in the gaming industry from physical to digital ...

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3 days ago