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Ryan Cohen is considering a joint venture that would use GameStop's 1,600 U.S. stores to expand in trading cards and collectibles
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GameStop $GME CEO Ryan Cohen is considering withdrawing the company's $56 billion takeover bid for eBay and may instead propose a partnership or joint venture, according to Bloomberg, citing unnamed sources.
Under the potential arrangement, GameStop's approximately 1,600 U.S. stores would give eBay a physical retail footprint to build its presence in categories like trading cards and collectibles. As part of any such deal, GameStop would seek seats on eBay's board. GameStop has not made a final decision, and Cohen could still pursue other options, Bloomberg added.
