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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

Oppenheimer Is Now The Highest-Grossing Biopic Ever

Oppenheimer Is Now The Highest-Grossing Biopic Ever https://ift.tt/zpHhex8

The creation of the atomic bomb has proven to be more popular than one of the greatest rock bands at the box office. Oppenheimer has made more money worldwide than Bohemian Rhapsody, meaning it's now the highest-grossing biopic ever.

The Wrap reports Oppenheimer has earned over $912 million globally after its ninth weekend in theaters, in which the film hauled in another $12 million. That pushed Oppenheimer ahead of Bohemian Rhapsody, about Freddie Mercury, which previously held the biopic record with $902 million. Oppenheimer's IMAX run has definitely played a significant role, as The Wrap notes it's made $179 million off those screens.

This isn't the first headline-worthy box office milestone for Oppenheimer, either. The movie--starring Cillian Murphy, Emily Blunt, Matt Damon, and Florence Pugh--is director Christopher Nolan's biggest non-Batman film ever in the US. Only The Dark Knight and The Dark Knight Rises top the biopic.

Continue Reading at GameSpot

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