GameStop Increases Stake in eBay to Over 6%
GameStop has increased its economic exposure and stake in the online auction site eBay to 6.55%, according to a recent amended filing. This move comes despite indications that GameStop is not closer to a full takeover of eBay.
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GameStop appears no closer to taking over eBay. It upped its stake in the auction site anyway.
eBay may have shot down GameStop’s $56 billion buyout offer this month, but the videogame retailer continues to show interest in the online auction platform.
By Bill Peters
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