Games

GameStop Buys Big eBay Stake In Bizarre Hostile Takeover Plan

GameStop Buys Big eBay Stake In Bizarre Hostile Takeover Plan

Video game retailer GameStop has just made a massive, confusing power play. According to a report from Kotaku, the company now owns almost 10% of online marketplace eBay.

The move is reportedly part of a hostile takeover plan that has left many observers baffled. The summary notes that GameStop CEO Ryan Cohen appears determined to become the CEO of a different company entirely.

What this means for gamers, Funko Pops, or the future of either company is anyone's guess. For now, it's just a very weird corporate chess move.

Sources:Kotaku ↗

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