News · 12 May 2026

eBay rejects GameStop’s $55.5 billion purchase offer

A major takeover for the online marketplace eBay won't now be happening after its board turned down GameStop's offer. eBay's board rejected GameStop's $55.5 billion unsolicited bid earlier this month, calling it 'neither credible nor attractive'. GameStop’s chief executive, Ryan Cohen, failed to explain the financing for the half-cash, half-stock proposal.

By BriefTea Editorial · 12 May 2026 at 18:19

Reported by The Guardian · How we write briefs

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