GameStop owns nearly 10% of eBay, SEC filing shows

July 17 (Reuters) - Videogame retailer GameStop owns nearly 10% of e-commerce company eBay , the company ​said ‌in a regulatory filing ​late on Friday, nearly three months ‌after making an unsolicited ⁠offer to ​buy eBay for roughly $56 billion. GameStop...

July 17 (Reuters) - Videogame retailer GameStop owns nearly 10% of e-commerce company eBay , the company ​said ‌in a regulatory filing ​late on Friday, nearly three months ‌after making an unsolicited ⁠offer to ​buy eBay for roughly $56 billion. GameStop said it owns 43.4 million outstanding shares of ‌eBay, or 9.8%, marking a dramatic increase in ‌ownership from early May when GameStop ‌CEO Ryan ‌Cohen told eBay’s board chairman "we have ‌accumulated ‌a 5% economic stake" through derivatives and ⁠beneficial ownership. GameStop bought 3.5 ‌million eBay shares for roughly $381 ‌million last ⁠month and said ‌it settled 39 million eBay shares from put/call pairs on Friday.

(Reporting ‌by Svea Herbsty-Bayliss in New York and Anhata ‌Rooprai in ⁠Bengaluru; Editing by Jonathan Ananda and Chris ​Reese)