eBay has rejected GameStop's approximately $56 billion acquisition offer.
TechFlame
2026-05-12 11:01
TechFlame2026-05-12 11:01
English
TechFlame News: According to market sources, eBay has rejected GameStop's approximately $56 billion acquisition offer, stating that it is "neither credible nor attractive." Earlier, on May 4, GameStop had proactively proposed to acquire the U.S. online trading platform eBay for about $56 billion. GameStop CEO Ryan Cohen said the company already holds roughly 5% of eBay's shares and offered to acquire the company at $125 per share in a combination of cash and stock. If eBay does not accept the proposal, Cohen is prepared to launch a proxy fight and bring the offer directly to shareholders.