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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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WWE Superstar Bray Wyatt Suddenly Passes Away At 36

WWE Superstar Bray Wyatt Suddenly Passes Away At 36 https://ift.tt/uPxk50d

Windham Rotunda, known mostly to wrestling fans as Bray Wyatt, has passed away. He was only 36. Paul "Triple H" Levesque broke the news on his Twitter. No other details are available at the moment. Wyatt had become a top-level star in the company, winning both the WWE and Universal Championship during his time there.

Wyatt was out of action since late February with an unknown illness, but it had recently been reported that he was getting closer to getting cleared to return. He was a second-generation wrestler following his father, Mike Rotunda, who performed under the infamous 1990s villain, Irwin R. Schyster.

"Just received a call from WWE Hall of Famer Mike Rotunda who informed us of the tragic news that our WWE family member for life Windham Rotunda--also known as Bray Wyatt--unexpectedly passed earlier today," Triple H posted. "Our thoughts are with his family and we ask that everyone respect their privacy at this time."

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