GameStop Makes $55.5 Billion Takeover Offer for eBay

GameStop made an unsolicited $55.5 billion takeover bid for eBay on May 4, 2026, offering $125 per share in a 50-50 cash-and-stock deal. The offer targets a company four times GameStop's size. GameStop accumulated a 5% stake in eBay before the proposal and warned the bid could turn hostile if eBay's board rejects it.

GameStop takeover bid

• ▪GameStop's CEO warned that the takeover bid could turn hostile if eBay's board rebuffs the proposal.
• ▪GameStop accumulated a 5% stake in eBay prior to making the takeover offer.
• ▪GameStop made an unsolicited takeover bid for eBay on May 4, 2026.
• ▪eBay's market capitalization is four times larger than GameStop's market capitalization.

eBay acquisition price

• ▪GameStop offered $125 per share for eBay.
• ▪GameStop CEO Ryan Cohen stated the combined GameStop-eBay entity could rival e-commerce platforms like Amazon.
• ▪GameStop offered $55.5 billion to acquire eBay.
• ▪GameStop's offer to acquire eBay is split 50-50 between cash and stock.

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