GameStop defies Wall St sceptics with renewed eBay pursuit

GameStop is pressing ahead with its pursuit of eBay, undeterred by widespread Wall Street scepticism over the deal. The video game retailer has intensified its efforts to acquire the online marketplace, according to people familiar with the matter, despite analysts questioning the strategic fit and financing of a potential acquisition. The move marks an escalation in GameStop’s ambitions beyond its core business of selling physical games and consoles, as the company seeks to reinvent itself in an increasingly digital retail landscape. The Financial Times first reported the extension of GameStop’s campaign.