GameStop Is Preparing Offer For eBay

GameStop is reportedly preparing a potential offer for eBay, an unusually ambitious move given that eBay's roughly $46 billion market value is nearly four times GameStop's. Reuters reports: GameStop is preparing an offer for eBay as CEO Ryan Cohen pursues plans to boost the struggling videogame retailer's market value more than tenfold, the Wall Street Journal reported on Friday. Shares of eBay, which has a market capitalization of about $46 billion, soared about 14% in extended trading.