Business

GameStop Rejects eBay Takeover Bid

Updated 2026-05-12 13:05 UTC 2 sources Negative

Online retail giant eBay has rejected GameStop CEO Ryan Cohen’s $56 billion takeover proposal, calling it ‘neither credible nor attractive.’ The offer was made on May 3 and included a mix of cash and stock.

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Deadline
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2026-05-12 12:47 UTC
Variety
Online retailing giant eBay has turned down GameStop CEO Ryan Cohen’s unsolicited $56 billion takeover proposal, calling it “neither credible nor attractive.” On May 3, GameStop submitted a nonbinding offer to acquire of eBay for $125/share (supposedly comprising 50% cash and 50% G
2026-05-12 12:50 UTC
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