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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