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[BUSINESS]■ STORY TIMELINE

EBAY REJECTS GAMESTOP'S $56 BILLION BID

eBay's board has officially rejected GameStop's acquisition proposal, deeming it neither credible nor attractive. The online marketplace cited operational risks and financing concerns in its Tuesday letter to GameStop CEO Ryan Cohen.

7 SOURCESFIRST SEEN MAY 12, 10:55 AM► READ THE ARTICLE
The Verge+0m

No thank you, we’re good. | Photo by Brandon Bell/Getty Images eBay has officially rejected GameStop's offer to buy th…

Engadget+32m

The reaction may set in motion a hostile takeover attempt from GameStop.

The Guardian — Technology+1h 59m

Online marketplace takes into account uncertainty around US video games retailer’s financing proposal Business live – l…

Bloomberg Tech+3h 42m

EBay turned down GameStop Chief Executive Officer Ryan Cohen’s $56 billion takeover offer, describing the unsolicited bi…

Hacker News+4h 55m

Article URL: https://www.bloomberg.com/news/articles/2026-05-12/ebay-rejects-gamestop-s-56-billion-takeover-as-not-credi…

Bloomberg Tech+6h 2m

EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the u…

Ars Technica+6h 23m

eBay board doubts GameStop's ability to buy and operate the much larger firm.