Business

eBay Rejects GameStop’s Acquisition Bid

Updated 2026-05-12 11:00 UTC 1 source Neutral

eBay has rejected GameStop's $56 billion acquisition offer, citing operational risks and financing concerns. The board of directors sent a letter to GameStop CEO Ryan Cohen on Tuesday.

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The Verge
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 directors said it has "concluded that your proposal is
2026-05-12 10:55 UTC
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