GameStop, a videogame retailer, owns nearly 10% of e-commerce company eBay, according to a regulatory filing. The company said it owns 43.4 million outstanding shares of eBay, or 9.8%, marking a dramatic increase in ownership from early May.
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.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.