GameStop Weighs Dropping $56 Billion eBay Bid in Favor of Partnership
GameStop CEO Ryan Cohen may withdraw the $56 billion eBay takeover bid and pursue a partnership instead, using its 1,600 U.S. stores for collectibles.
GameStop CEO Ryan Cohen may withdraw the $56 billion eBay takeover bid and pursue a partnership instead, using its 1,600 U.S. stores for collectibles.
GameStop trades $1.4B zero-interest notes for equity. Debt drops, shares increase.
Ryan Cohen continues his pursuit of the company after a $56B offer was rejected.
Ryan Cohen refuses to back down on his eBay takeover bid. After rejection, GameStop’s CEO explains why the deal makes sense for shareholders and how he plans to unlock eBay’s full potential.
GameStop reports record Q1 2026 net income of $389.6 million and approves a $2 billion share repurchase program. Sales up 14% to $835M, driven by collectibles.
GameStop raised its eBay stake to 6.55% using cheap options after a $55.5B bid was rejected, aiming to gain influence.