GameStop builds 9.8% eBay stake after takeover offer rejected
First publishedJul 18, 01:26 UTC
Last updatedJul 18, 22:37 UTC · 10m ago
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Investing.com · Company News
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Answer
GameStop built a 9.8% stake in eBay after its takeover offer was rejected.
Reported by 1 outlet — Investing.com · Company News. See all sources ↓
GameStop bought a big part of eBay. This is 9.8% of the company. GameStop wanted to buy eBay, but eBay said no.
Why it matters
This news is important because it shows how companies are trying to buy and sell each other.
In brief
- What did GameStop do?
- GameStop bought a big part of eBay.
- Why did GameStop do this?
- GameStop wanted to buy eBay, but eBay said no.
- What is a takeover offer?
- A takeover offer is when one company tries to buy another company.
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GameStop's takeover offer was rejected
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