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eBay Rejects GameStop’s Unsolicited $56 Billion Acquisition Bid

May 12, 2026
1 source
The Verge
eBay Rejects GameStop’s Unsolicited $56 Billion Acquisition Bid

Story Summary

eBay’s board of directors officially rejected GameStop’s $56 billion acquisition proposal, labeling it neither credible nor attractive. The board cited significant concerns regarding GameStop’s financing, operational risks, and governance structure. While GameStop CEO Ryan Cohen secured $20 billion in debt financing, the source of the remaining funds remains undisclosed, leading eBay to prioritize its standalone growth strategy.

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