News
Earnings· May 04, 2026 at 04:37 AM

GameStop offers to buy eBay for about $56 billion

NeutralMedium impact

AI summary

STORY: :: eBay GameStop wants to buy eBay. The retailer said Sunday that it has offered to buy all common shares of the online marketplace for about $56 billion. Chief Executive Ryan Cohen said the offer price is $125 a share in a 50-50 mix of cash and stock. The bid represents a premium of about 20% based on eBay's Friday close. In an interview with the Wall Street Journal, Cohen said that the move would create huge opportunities to improve earnings and cut costs. :: eBay He added that the comb

Affected symbols

Yahoo Finance · Read original

AI commentary is generated from public news feeds and is not investment advice.

Related coverage