eBay Rejects GameStop's $56 Billion Takeover Bid

eBay has rejected an unsolicited $56 billion takeover bid from GameStop, calling it 'neither credible nor attractive.' The offer was made by GameStop CEO Ryan Cohen and is viewed skeptically due to financing concerns and lack of strategic synergy. eBay's market cap exceeds that of GameStop significantly.

By Annie Palmer · CNBC · May 12, 2026, 11:31 UTC

eBay Rejects GameStop's $56 Billion Takeover Bid

Tickers: $EBAY $GME

Topics: corporate strategy eBay GameStop takeover bid

Read the full article at CNBC

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