{"id":2601596,"date":"2026-05-12T08:54:01","date_gmt":"2026-05-12T12:54:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ebay-rejects-unsolicited-55b-takeover-bid-from-gamestop\/"},"modified":"2026-05-12T08:56:55","modified_gmt":"2026-05-12T12:56:55","slug":"ebay-rejects-unsolicited-55b-takeover-bid-from-gamestop","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ebay-rejects-unsolicited-55b-takeover-bid-from-gamestop\/","title":{"rendered":"eBay rejects &#8216;unsolicited&#8217; $55B takeover bid from GameStop"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Febay-rejects-unsolicited-55b-takeover-bid-from-gamestop%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2601596&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>EBay rejected GameStop\u2019s unsolicited takeover proposal, calling it \u201cneither credible nor attractive.\u201d eBay\u2019s board said it weighed factors including eBay\u2019s stand-alone prospects, uncertainty around GameStop\u2019s financing, risks and governance concerns of a combined company, and how those issues would affect <a href=\"https:\/\/amzn.to\/3YuVZYV\" >long-term growth<\/a>, profitability, and valuation.<\/p>\n<p>GameStop CEO Ryan Cohen\u2019s plan involved offering $125 per share in a cash-and-stock mix (valued below eBay\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/general-motors-loses-800-million-so-far-amid-strike-says-its-slowing-ev-strategy\/\" title=\"GM&#039;s EV strategy slows as strike costs 0M.\">current scale<\/a>), with GameStop seeking outside equity and debt financing. Analysts were skeptical, and eBay emphasized that it believes its existing strategy and management position the company too deliver lasting growth and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bed-bath-beyond-shares-surge-after-gamestop-chairman-reveals-nearly-10-stake\/\" title=\"Bed Bath &amp; Beyond Shares Surge After GameStop Chairman Reveals Nearly 10% Stake\">long-term shareholder<\/a> value.<\/p>\n<p>The proposal also would have involved using GameStop\u2019s U.S. retail stores to create a larger network for services like authentication and fulfillment, and Cohen would have led the combined company as CEO.GameStop could still pursue further action, perhaps including a antagonistic bid, though the outcome remains uncertain.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p>One of the world\u2019s largest online marketplaces, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/ebay\/\" type=\"post_tag\" id=\"2859\">eBay<\/a>, has rejected a $55.5 billion takeover offer from video game store <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/gamestop\/\" type=\"post_tag\" id=\"4078\">GameStop<\/a>.<\/p>\n<p>Paul Pressler, chairman of the board of directors for eBay, on Tuesday said the \u201cunsolicited\u201d bid was \u201cneither credible nor attractive.\u201d<\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/4563210\/fcc-anna-gomez-warns-disney-target-censorship-campaign\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Sole Democratic FCC commissioner warns Disney it\u2019s a \u2018target\u2019 of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/netflix-censors-series-in-philippines-over-chinese-propaganda-map\/\" title=\"Netflix Censors Series in Philippines over Chinese Propaganda Map\">censorship campaign<\/a><\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/4561921\/crowdfunding-campaign-buy-spirit-airlines\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Crowdfunding campaign to buy Spirit Airlines takes off to the tune of $337 million<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/4560820\/abc-fcc-equal-airtime-talarico-the-view\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>ABC takes FCC to task over <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crowdfunding-campaign-to-buy-spirit-airlines-takes-off-to-the-tune-of-337m\/\" title=\"Crowdfunding campaign to ... off to the tune of 7M\">equal airtime dispute involving<\/a> The View<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p>\u201cWe have taken into account such factors as 1) eBay\u2019s standalone prospects, 2) the uncertainty regarding your financing proposal, 3) the impact of your proposal on eBay\u2019s long-term growth and profitability, 4) the leverage, operational risks, and leadership structure of a combined entity, 5) the resulting implications of these factors on valuation, and 6) GameStop\u2019s governance and executive incentives,\u201d Pressler <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ebay-rejects-unsolicited-proposal-from-gamestop-302769000.html\" type=\"link\" id=\"https:\/\/www.prnewswire.com\/news-releases\/ebay-rejects-unsolicited-proposal-from-gamestop-302769000.html\">wrote in a letter<\/a>.<\/p>\n<div class=\"article-paywall\">\n<p>GameStop CEO Ryan Cohen made news last week when he proposed to combine the company with the much more valuable eBay. GameStop has a market capitalization of $10.39 billion, compared to eBay\u2019s $47.82 billion.<\/p>\n<p>Nonetheless, GameStop <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/investor.gamestop.com\/news-releases\/news-details\/2026\/GameStop-Proposes-to-Acquire-eBay-at-125-00-Per-Share\/default.aspx\" type=\"link\" id=\"https:\/\/investor.gamestop.com\/news-releases\/news-details\/2026\/GameStop-Proposes-to-Acquire-eBay-at-125-00-Per-Share\/default.aspx\">offered<\/a> $125 per share in a mix of cash and stock. The struggling retailer planned to secure outside equity and debt financing until the deal was rejected. Wall Street analysts were skeptical about the proposed transaction.<\/p>\n<p>After <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ebay-confirms-receipt-of-unsolicited-proposal-from-gamestop-302761245.html\" type=\"link\" id=\"https:\/\/www.prnewswire.com\/news-releases\/ebay-confirms-receipt-of-unsolicited-proposal-from-gamestop-302761245.html\">acknowledging<\/a> the proposal on May 4, eBay found the deal didn\u2019t make sense for its business, which is not restricted to the gaming space.<\/p>\n<p>\u201cWe have sharpened our strategic focus, strengthened execution, enhanced our marketplace and seller experience, and consistently returned capital to shareholders,\u201d Pressler said. \u201cWith its differentiated global marketplace and a clear strategy, eBay\u2019s Board is confident that the company, under its current management team, is well-positioned to continue to drive sustainable growth, execute with discipline, and deliver long-term value for our shareholders.\u201d<\/p>\n<p>If the deal went through, GameStop would have lent eBay its 1,600 U.S. retail stores as part of a \u201cnational network for authentication, intake, fulfillment, and live commerce.\u201d Also, Cohen would have been the combined entity\u2019s chief executive.<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/4563210\/fcc-anna-gomez-warns-disney-target-censorship-campaign\/\" type=\"link\" id=\"https:\/\/www.washingtonexaminer.com\/news\/business\/4563210\/fcc-anna-gomez-warns-disney-target-censorship-campaign\/\">SOLE DEMOCRATIC FCC COMMISSIONER WARNS DISNEY IT\u2019S A \u2018TARGET\u2019 OF CENSORSHIP CAMPAIGN<\/a><\/strong><\/p>\n<p>In a recent <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.youtube.com\/watch?v=Bmj2PaxX24E\" type=\"link\" id=\"https:\/\/www.youtube.com\/watch?v=Bmj2PaxX24E\">CNBC interview<\/a>, Cohen admitted the company he sought to buy \u201cis not happy with me.\u201d<\/p>\n<p>It remains to be seen whether GameStop mounts a hostile bid, which Cohen indicated was a possibility. He has proposed taking the idea directly to eBay shareholders, a move similar to the one threatened by Paramount Skydance CEO David Ellison before he ultimately outbid Netflix to buy Warner Bros. Discovery.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EBay rejects GameStop\u2019s $55.5B takeover bid as \u201cneither credible nor attractive.\u201d<\/p>\n","protected":false},"author":2159,"featured_media":2601597,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/05\/AP26124412064723.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[33371,12280,3705,73510,79516],"class_list":["post-2601596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-business-news","tag-ebay","tag-gamestop","tag-mergers-and-acquisitions","tag-takeover-bid"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/05\/AP26124412064723.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2601596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2159"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2601596"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2601596\/revisions"}],"predecessor-version":[{"id":2601601,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2601596\/revisions\/2601601"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2601597"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2601596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2601596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2601596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}