eBay rejects GameStop’s $56 billion acquisition bid

The VergeMay 12, 2026 at 10:55 AM

No thank you, we’re good. | Photo by Brandon Bell/Getty Images eBay has officially rejected GameStop's offer to buy the online marketplace for $56 billion, citing concerns around "operational risks" and how the acquisition will be financed.

In a letter to GameStop CEO Ryan Cohen on Tuesday, eBay's board of directors said it has "concluded that your proposal is neither credible nor attractive.

This is a summary. For the full story, read the original article at The Verge.

Original source: The Verge

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