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May 5, 2026

GameStop Makes $55.5 Billion Takeover Offer for eBay

Video game retailer GameStop offered to acquire eBay for $55.5 billion in an unsolicited bid that could turn hostile if rebuffed. The move would give GameStop control of a company four times its size.

May 5, 2026·2 sources
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GameStop Proposes $55.5 Billion Unsolicited Bid to Acquire eBay

GameStop unveiled a non-binding $55.5 billion proposal to acquire eBay at $125 per share, a 46% premium, combining cash and stock in equal amounts.

May 5, 2026·4 sources
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Top claims

  • ▪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
  • ▪eBay's market capitalization is four times larger than GameStop's market capitalization

Subtopics

Corporate strategy2E-commerce2Mergers & acquisitions (M&A)2

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