GameStop Proposes $56 Billion Takeover of eBay Amid Hostile Acquisition Threat

GameStop Corp. has launched a $56 billion bid for eBay Inc., offering $125 per share in cash and stock, which represents a 46% premium over eBay's unaffected price. CEO Ryan Cohen is prepared to take the offer directly to shareholders if rejected by eBay’s board.

By Rishabh Mishra May 4, 2026 4 min read · Yahoo Finance · May 4, 2026, 16:31 UTC

GameStop Proposes $56 Billion Takeover of eBay Amid Hostile Acquisition Threat

Tickers: $EBAY $GME

Topics: CEO strategy corporate acquisition stock market reaction

Read the full article at Yahoo Finance

More World news

Sprott Physical Gold Trust USD Reports Q3 Net Income of $508.82 Million Seeking Alpha · November 12, 2026, 18:07 UTC
NYSE Gains $500 Billion in Market Capitalization via Nine Major Listing Transfers PR Newswire · November 12, 2026, 18:05 UTC
PenFed Foundation Grants $25,000 to Northern Virginia Vietnam Veterans Foundation PR Newswire · November 12, 2026, 18:06 UTC
Allstate Announces Quarterly Dividend of $1.08 Per Share Seeking Alpha · November 12, 2026, 18:01 UTC
Pinnacle Bankshares Increases Quarterly Dividend to $0.35 Per Share Seeking Alpha · November 12, 2026, 18:02 UTC
Avidbank Reports Third Quarter 2026 Earnings Growth Driven by Core Deposits and C&I Lending Motley Fool · November 12, 2026, 18:00 UTC
Equinor Raises Production Guidance and Establishes Share Buyback Framework Motley Fool · November 12, 2026, 18:00 UTC
Flex Announces Strategic Spin-off of Cloud and Power Infrastructure Segment into Axiom Motley Fool · November 12, 2026, 18:00 UTC
Extreme Networks Raises Fiscal 2027 Revenue Guidance Amid Strong SaaS Growth and Large Enterprise Bookings Motley Fool · November 12, 2026, 18:00 UTC
Federal Reserve to Designate October 2027 Meeting as Nonvoting Strategic Session CNBC · November 12, 2026, 17:48 UTC