GameStop Could Issue Stock In $55 Billion eBay Takeover Bid

GameStop might issue additional stock to complete its $55 billion takeover of eBay amid skepticism from economists about whether the video game retailer could afford to acquire the company, whose market value is more than double GameStop's. GameStop CEO Ryan Cohen told CNBC on Monday the video game retailer’s half-cash, half-stock bid for eBay may rely on issuing stock, or the process in which a company creates and gives new shares of itself to complete a deal instead of paying cash. GameStop has yet to discuss the bid with eBay’s management after publicly announcing its offer on Sunday, Cohen said. Morgan Stanley analysts, in a note last week before GameStop’s offer was made public, said the broader market would be quote “skeptical of a potential deal’s feasibility.” Learn more about your ad choices. Visit megaphone.fm/adchoices