GameStop stock sinks after surprise eBay takeover bid, Cohen’s combative CNBC interview
Video game retailer GameStop announced Sunday it has made an unsolicited, nonbinding offer to acquire eBay for $125 per share in a cash-and-stock deal, valuing the e-commerce platform at roughly $55.5 billion. The offer, split evenly between cash and GameStop common stock, represents a 20% premium to eBay’s Friday close of $104.07, and a 46%…