GameStop's chief executive Ryan Cohen told the Wall Street Journal that he sees potential to make eBay a much bigger rival to Amazon.

GameStop CEO said he will take the offer directly to shareholders if eBay is not receptive. Read more at straitstimes.com. Read more at straitstimes.com.

May 3 : GameStop has made an unsolicited offer to acquire eBay Inc for about $56 billion, the Wall Street Journal reported on Sunday, citing an interview with GameStop CEO Ryan Cohen.GameStop has built a roughly 5 per cent stake in eBay and is offering $125 a share in cash and stock, Cohen told the WSJ. The

May 3 : GameStop has made an unsolicited offer to acquire eBay Inc for about $56 billion, the Wall Street Journal reported on Sunday, citing an interview with GameStop CEO Ryan Cohen.GameStop has built a roughly 5 per cent stake in eBay and is offering $125 a share in cash and stock, Cohen told the WSJ. The

May 3 : GameStop said on Sunday that it has proposed to buy all common shares of eBay Inc for about $56 billion.CEO Ryan Cohen, GameStop's largest investor, said the offer price is $125 a share in a 50-50 mix of cash and stock. Based on eBay's Friday close, the bid represents a premium of about 20 per cent.