GameStop Proposes to Acquire eBay at $125.00 Per Share
GameStop submitted a non-binding proposal to acquire eBay for $125.00 per share in cash and stock, valuing the target at approximately $55.5 billion. The offer represents a 46% premium to eBay’s unaffected closing price and is backed by a highly confident financing letter for up to $20 billion from TD Securities.
Key figures
- Deal Value Usd
- $55.5 billion
- Offering Price
- 125
- Ebay current eps
- $4.26
- Gme cash balance
- $9.4 billion
- Gme stake in ebay
- 5%
- Ebay pro forma eps
- $7.79
- Premium to 30 day vwap
- 27%
- Premium to 90 day vwap
- 36%
- Debt financing commitment
- $20 billion
- Premium to unaffected close
- 46%
- Projected annual cost reductions
- $2 billion
- Ebay fy2025 sales marketing spend
- $2.4 billion
AI analysis
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