eBay rejects GameStop’s $56 billion acquisition bid

eBay has officially rejected GameStop's offer to buy the online marketplace for $56 billion, citing concerns around "operational risks" and how the acquisition will be financed. In a letter to GameStop CEO Ryan Cohen on Tuesday, eBay's board of...

calendar_today May 12, 2026 schedule 10:55 visibility 64 views

eBay rejects GameStop’s $56 billion acquisition bid

Source: The Verge

A Gamestop store is seen in the Barton Creek Square mall on May 04, 2026 in Austin, Texas. — No thank you, we’re good. | Photo by Brandon Bell/Getty Images

"We have taken into account such factors as 1) eBay's standalone prospects, 2) the uncertainty regarding your financing proposal, 3) the impact of your proposal on eBay's long-term growth and profitability, 4) the leverage, operational risks, and leadership structure of a combined entity, 5) the resulting implic …

Read the full story at The Verge.

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