GameStop’s Wild eBay Bid Has Market Saying: “Show Me the Money” – Merger Arbitrage Mondays
eBay Inc. (EBAY): $107.69
Market Cap: $47.81 B
Deal Value: $55.5 B
It isn’t Cuba Gooding Jr. convincing Tom Cruise to scream, “Show me the money!” in Jerry Maguire. This time, investors want GameStop (GME) to do exactly that after the company proposed to buy eBay for $55.5 billion, offering $125 per share in a half-cash, half-stock deal. GameStop’s CEO Rya…
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