GameStop makes $56 billion offer to acquire eBay
GameStop has made an unsolicited $56 billion offer to acquire eBay as part of CEO Ryan Cohen's strategy to transform eBay into a stronger competitor to Amazon. GameStop plans to fund the deal with cash on hand, third-party financing, and potential investments from sources like Middle Eastern sovereign-wealth funds. eBay stated it had no prior discussions with GameStop and will carefully review the proposal.
- ▪GameStop offered $56 billion to acquire eBay, aiming to turn it into a major Amazon competitor.
- ▪The acquisition would be funded with $9.4 billion in cash, up to $20 billion from TD Securities, and potentially outside investors.
- ▪eBay confirmed it received the bid unsolicited and had no prior outreach from GameStop.
- ▪Ryan Cohen could earn up to $35 billion if GameStop reaches certain financial targets under his compensation package.
- ▪GameStop has closed over 700 stores since 2025 and saw a 14% revenue decline in Q4 2025.
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GamingCloseGamingPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All GamingBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessNewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All NewsGameStop makes $56 billion offer to acquire eBayThe unsolicited offer is part of GameStop CEO Ryan Cohen’s plans to turn eBay into a rival to Amazon.The unsolicited offer is part of GameStop CEO Ryan Cohen’s plans to turn eBay into a rival to Amazon.by Emma RothCloseEmma RothNews WriterPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Emma RothMay 4,…
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