GameStop owns nearly 10% of eBay, SEC filing shows GameStop, the struggling video game retailer, has made a significant move in the e commerce world.
According to an SEC filing, the company now owns nearly 10% of rival online marketplace eBay. This development follows months of speculation about a potential merger between GameStop and eBay.
In May, GameStop made a $56 billion offer for eBay, which was rejected by the company's board.