GameStop reaffirmed its commitment to acquiring eBay with a $56 billion cash-and-stock offer, despite the e-commerce giant rejecting the unsolicited proposal in May.
GameStop pursues $56B eBay acquisition despite May board rejection, positioning combined entity to challenge Amazon's marketplace dominance. Signals major retail consolidation: eBay 5x GameStop's size, reflecting aggressive M&A play on scale and competitive moat versus Amazon.
eBay initially rejected the takeover bid
Jun 28, 2026
11:23 am
What's the storyGameStop has said it will continue with its proposed takeover of eBay, despite the latter's rejection of an unsolicited cash-and-stock offer worth some $56 billion.
The announcement came in a brief regulatory filing on Friday, which also predicted strong earnings for this year.
GameStop pledges to pursue its takeover offer for eBay despite rejection
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eBay confirms receiving GameStop's offer, with no prior discussions between the companies
EBay has rejected a massive $56 billion takeover offer from GameStop. EBay cited doubts about GameStop's financing for the deal.…
It's making an unsolicited offer to buy the U.S. online marketplace.
It's making an unsolicited offer to buy the U.S. online marketplace.
GameStop has made a $55.5 billion offer to buy eBay, with the video game retailer's CEO saying the move could create a strong…
