GameStop increases eBay stake as takeover battle escalates following rejection

GameStop has again increased its stake in eBay. Days after the e-commerce company rejected its $56 billion takeover bid, the video game retailer disclosed in ‌a filing on Tuesday to increase its stake to about 6.55%.

GameStop previously owned around a 5% stake in eBay and some analysts said its CEO, Ryan Cohen, could eventually push for a special shareholder meeting or seek........

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