GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it

<p>GameStop yesterday made an unsolicited offer to buy eBay for $55.5 billion. GameStop claims that eBay has underperformed and spends too much on sales and marketing and argues that it would become a stronger company if it cuts costs and is combined with GameStop's physical retail locations.</p> <p>"GameStop’s ~1,600 US locations give eBay a national network for authentication, intake, fulfillment, and live commerce," GameStop Chairman and CEO Ryan Cohen wrote in a <a href="https://s205.q4cdn.com/272884106/files/doc_downloads/2026/05/Offer-Letter.pdf">letter</a> to eBay Chairman Paul Pressler.</p> <p>eBay's market capitalization is over four times larger than GameStop's. GameStop faces skepticism about the viability of its offer but says it will obtain debt financing and pay with a mix of cash and stock.</p><p><a href="https://arstechnica.com/tech-policy/2026/05/gamestop-offers-56-billion-for-ebay-struggles-to-explain-how-itll-pay-for-it/">Read full article</a></p> <p><a href="https://arstechnica.com/tech-policy/2026/05/gamestop-offers-56-billion-for-ebay-struggles-to-explain-how-itll-pay-for-it/#comments">Comments</a></p> Reference : https://ift.tt/EZCaSfr