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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

Immortals Of Aveum Is Already On Sale For A Massive Discount

Immortals Of Aveum Is Already On Sale For A Massive Discount https://ift.tt/8NAbIWV

Between excellent remakes, surprise hit indie games, and the gaming industry duking it out with AAA blockbusters, some games were bound to get overlooked in a year of non-stop hits. Is the latest EA Originals game Immortals of Aveum one of those titles? That's up for debate, but it is a fact that the spell-slinging blaster did find itself sandwiched between Madden NFL 24, Armored Core 6: Fires of Rubicon, and Sea of Stars this year. That wasn't a good position for the game to be in, and if you've been curious about it, you can pick up Immortals of Aveum at a steeply discounted price about a month after its release.

Despite launching to underwhelming reviews, Immortals of Aveum quickly sold out at Amazon at this discounted $40 price point (normally $70). However, you can still grab it for $40 for PS5 or Xbox Series X at Best Buy.

Continue Reading at GameSpot

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