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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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New Borderlands Game Revealed, It's Not What You Think It Is

New Borderlands Game Revealed, It's Not What You Think It Is https://ift.tt/duKwEci

Genvid Entertainment and Gearbox have announced Borderands EchoVision Live, an interactive streaming series. It's a community-led game where players decide how a story unfolds, similarly to something like Twitch Plays Pokemon.

The game follows eight tourists who want to be Vault Hunters. After spending money on a tour of Eden-6, they find themselves stuck in the town of Greywater Junction. They must work together and overcome bandits in order to survive.

The audience will engage with the story to determine how the characters develop and decide their fates. "Every decision you make, every moment you participate matters.” explained Jacob Navok, CEO of Genvid Entertainment in a press release. "This is your chance to make a mark, to leave a legacy in this world. Decisions don’t have a reset button and are shared by all participants."

Continue Reading at GameSpot
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