Before GameStop proposed buy eBay, it was the subject of a short squeeze on its stock.

GameStop yesterday made an unsolicited offer to buy eBay for $55.5 billion. GameStop claims that eBay has underperformed and spends too much on sales and marketing and argues that it would become a stronger company if it cuts costs and is combined with GameStop’s physical retail locations.

GameStop is closing its Allen location this spring, according to signage posted at the business. The store sold Xbox, PlayStation and Nintendo Switch games and systems, as well as baseball cards, Pokemon cards,

Cohen recently put in an unsolicited bid for eBay for $56 billion, citing hopes to make the e-commerce company a bigger competitor to Amazon. In an interview with TBPN, Cohen has