GameStop seeks to increase authorized common stock to 2.5 billion shares, potentially strengthening its hand in acquiring eBay

Odaily Planet Daily News: GameStop (GME), a publicly traded video game and merchandise retailer, has filed with the SEC to request shareholder approval to increase the number of authorized common shares from the current 1 billion to 2.5 billion, aiming to enhance financial flexibility. This proposal is one of five to be voted on at the annual shareholders' meeting in July. This move could provide the company with more leverage in its potential acquisition of eBay, a deal that was previously rejected.