GameStop said it will continue to advance its $56 billion acquisition plan for eBay.
1 hours ago
According to Reuters, GameStop says it will continue advancing its acquisition of eBay, even after the e-commerce giant rejected its roughly $56 billion all-cash and stock offer. GameStop CEO Ryan Cohen’s May proposal to acquire eBay took Wall Street by surprise. Cohen argued the combined entity would be a stronger competitor to Amazon, and stated he would oversee its operations. eBay rejected the offer that same month. GameStop noted it remains committed to the acquisition plan, but did not disclose the deal’s rationale or next steps. Separately, in a brief regulatory filing, GameStop projected its adjusted EBITDA for fiscal 2026 will exceed $600 million, up from the $345.4 million reported for fiscal 2025.
Binance will conduct wallet maintenance on the Bitcoin network.
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a16z-affiliated entities have transferred a total of 77,402 HYPE tokens to trading platforms over the past five hours, worth approximately $5.18 million.
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Bithumb to list CAP/KRW trading pair
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Chip boom pushes up housing prices, South Korea tightens real estate controls around its semiconductor hubs.
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