Published May 12, 2026, 1:52 PM ET · Updated 6 months ago · 1 source

EBay Won’t Play With GameStop

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EBay Won’t Play With GameStop

GameStop Corp. made an unsolicited $56 billion takeover offer for eBay Inc., which was rejected by eBay's board. The bid, structured as half cash and half stock, faced criticism regarding financing uncertainty, operational risks, and potential impacts on eBay's long-term growth. eBay's chairman cited these concerns in a letter to GameStop CEO Ryan Cohen, who would have become CEO of the combined entity.