GameStop may drop its $56 billion eBay bid and offer up its 1,600 stores in a partnership
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In a nutshell: The long-running saga that is GameStop's attempted $56 billion acquisition of eBay might be coming to an end. GameStop CEO Ryan Cohen is reportedly considering withdrawing the audacious bid and proposing a partnership or joint venture instead.
Bloomberg reports that Cohen is weighing a deal that would allow eBay to make use of GameStop's roughly 1,600 US retail locations. The arrangement could help both companies grab a larger share of higher-margin categories. GameStop would also seek seats on eBay's board as part of any partnership.
No final decision has been made, and Cohen could still pursue other options, according to the people familiar with the matter. Neither company has commented on the report.
GameStop's interest in eBay was first reportedin early May, when the retailer was worth around $12...
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