Video game retailer offers $125 a share for resale web giant
GameStop's chief executive Ryan Cohen told the Wall Street Journal that he sees potential to make eBay a much bigger rival to Amazon.
It's making an unsolicited offer to buy the U.S. online marketplace.
Video game retailer’s CEO warns that unsolicited bid could turn hostile if it is rebuffed by resale site’s board
We are highly confident that this could end up a car crash
GameStop has made a $55.5 billion offer to buy eBay, with the video game retailer's CEO saying the move could create a strong competitor to Amazon.
eBay confirms receiving GameStop's offer, with no prior discussions between the companies
Amid falling revenue and store closures, GameStop wants to buy the much larger eBay.
Ryan Cohen is trying to engineer a $56bn deal to merge video game retailer GameStop with online marketplace eBay