BBC News

GameStop makes $55.5bn takeover offer for eBay

GameStop

GameStop Proposes to Acquire eBay at $125.00 Per Share

Project Sling - Offer Letter (5.3.2026)_final

Financial Times

GameStop makes unsolicited $56bn offer for eBay

City A.M.

Gamestop makes $56bn play for Ebay to take fight to Amazon

Tech Digest

Polygon

Why GameStop buying eBay would be horrendous for Pokmon TCG collectors

Aftermath

GameStop Wants To Buy, Uh, eBay?

Google Finance

eBay Inc (EBAY) Stock Price & News

GameStop Corp (GME) Stock Price & News

GameStop has made a non-binding $55.5 billion offer to acquire eBay at $125 per share, split evenly between cash and stock. The bid represents a 46% premium to eBay's closing price on Feb. 4, 2026, the day GameStop began building its position.

GameStop has made a non-binding $55.5 billion offer to acquire eBay at $125 per share, split evenly between cash and stock. The bid represents a 46% premium to eBay's closing price on Feb. 4, 2026, the day GameStop began building its position.

To fund the deal, GameStop plans to draw on its roughly $9.4 billion in cash and liquid investments, supplemented by up to $20 billion in debt financing secured through a commitment letter from TD Securities.

To fund the deal, GameStop plans to draw on its roughly $9.4 billion in cash and liquid investments, supplemented by up to $20 billion in debt financing secured through a commitment letter from TD Securities.

GameStop CEO Ryan Cohen, who would lead the merged company, has proposed $2 billion in annualized cost reductions within 12 months of closing, with $1.2 billion targeted from eBay's sales and marketing budget.

GameStop CEO Ryan Cohen, who would lead the merged company, has proposed $2 billion in annualized cost reductions within 12 months of closing, with $1.2 billion targeted from eBay's sales and marketing budget.

Cohen has stated he would receive no salary, cash bonuses or severance in his role leading the combined entity, with his compensation tied solely to company performance. He currently owns approximately 9% of GameStop.

Cohen has stated he would receive no salary, cash bonuses or severance in his role leading the combined entity, with his compensation tied solely to company performance. He currently owns approximately 9% of GameStop.

GameStop's roughly 1,600 U.S. retail locations would serve as a national network for eBay's authentication, intake, fulfillment and live commerce operations under the proposal. If eBay's board rejects the offer, Cohen has said he will take it directly to shareholders.

GameStop's roughly 1,600 U.S. retail locations would serve as a national network for eBay's authentication, intake, fulfillment and live commerce operations under the proposal. If eBay's board rejects the offer, Cohen has said he will take it directly to shareholders.

Retail industry analyst Sucharita Kodali of Forrester described the proposal as not "a terribly good offer," noting it would burden eBay with GameStop's debt. eBay shares rose more than 13% in after-hours trading following the announcement, while GameStop shares gained around 4%.

Retail industry analyst Sucharita Kodali of Forrester described the proposal as not "a terribly good offer," noting it would burden eBay with GameStop's debt. eBay shares rose more than 13% in after-hours trading following the announcement, while GameStop shares gained around 4%.

BBC News #

GameStop #

Financial Times #

City A.M. #

Tech Digest #

Polygon #

Aftermath #

Google Finance #

GameStop Bids $55.5B to Acquire eBay

United States of America

Finance

Computers & internet

GameStop Bids $55.5B to Acquire eBay

GameStop Bids $55.5B to Acquire eBay

Sign Up for Our Free NewslettersSign Up for Our Free Newsletters

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters