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GameStop Announces Shocking Buyout Offer For eBay, Priced At $56 Billion

GameStop Announces Shocking Buyout Offer For eBay, Priced At $56 Billion https://ift.tt/agFYkG9 The latest chapter in video game retailer GameStop's tumultuous story is unfolding, as the company has announced plans to make a deal to buy eBay for $56 billion. GameStop said in a news release that it submitted a "non-binding proposal" to buy 100% of eBay at $125 per share in cash and stock, at 50% each. This would be about a 20% premium over where eBay's stock was trading on Friday and a 46% premium to eBay's closing price on February 4 this year. That was the day that GameStop started buying eBay stock. Today, it owns about 5% of eBay's outstanding stock. CEO Ryan Cohen told The Wall Street Journal , "There is nobody who is more qualified, based on my experience, to run the eBay business," he said. Continue Reading at GameSpot
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League Of Legends Introduces 2v2 Arena Mode For Soul Fighter Summer Event

League Of Legends Introduces 2v2 Arena Mode For Soul Fighter Summer Event https://ift.tt/4CvnToz

League of Legends has introduced a new Arena mode as part of its Soul Fighter summer event, pitting four teams of two players against each other in a big shakeup to the game's usual 5v5 Summoner's Rift matches.

In a blog post about the new mode, design lead Daniel "Riot Maxw3ll" Emmons described Arena as "a mashup of League and Teamfight Tactics, focused squarely on putting you into the action faster, forcing you to respond to huge power ups, and tempting you to try truly wacky nonsense."

Players can queue solo or with a friend to enter the arena in a team of two. Each match has multiple rounds, and each round has a buy phase and a combat phase, where you'll face off against another team 2v2. Match ups will rotate between the four teams in the arena, with each having a team health bar that goes down with each loss. If you're eliminated, you'll be able to exit early and queue for a new game immediately.

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