Why GameStop buying eBay would be horrendous for Pokémon TCG collectors
The story
GameStop is considering acquiring eBay, according to The Wall Street Journal, but such a deal would be bad for fans of trading cards and retro gaming
From the source
Reports have emerged that GameStop is considering an acquisition of eBay . Fans of everything from the Pokémon Trading Card Game to retro gaming should hope this deal does not happen, as it could have a disastrous impact.
The Wall Street Journal reported on May 1 that GameStop has quietly been buying eBay shares and is currently preparing an offer to acquire the publicly traded company. We don't know the potential acquisition price, but eBay's market value is currently around $46 billion.
This acquisition would be a big swing for GameStop, which has a comparatively smaller market value of $12 billion. That said, this action would align with another WSJ report from earlier in the year about GameStop CEO Ryan Cohen's plan to make a massive deal to drive GameStop's market value above $100 billion and earn a $35 billion payday.
Who and what
Key names and topics in this story: GameStop.
Where to follow next
- Read the full piece at www.polygon.com
- More from our Gaming coverage
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