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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

Target Circle Week Includes Deals On Rarely Discounted Lego Sets

Target Circle Week Includes Deals On Rarely Discounted Lego Sets https://ift.tt/hReFEtu

Target is offering a selection of Lego sets for 30% off as part of its Target Circle Week sale running from October 6-12. There are over 20 kits eligible for the deal, including releases from Lego's Marvel, Super Mario, Star Wars, and Sonic The Hedgehog collections, among many others. The promotion is available to Target Circle Members, which you can join for free if you're not already a member and get immediate access to the discounts.

Two sets worth mentioning are the Lego Marvel Spider-Man Mask and Wolverine's Adamantium Claw figures. These are exclusive to Target, and the 30% discount brings both down to $49 from their normal $70. There's only one Lego Star Wars kit included in the sale, but it's a cool one featuring The Mandalorian's Fang starship and a Tie Interceptor, plus a few minifigures. You can grab it for $70 (was $100).

Continue Reading at GameSpot

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