EBay rejects GameStop's $56-billion takeover offer
Key takeaways
- California online marketplace EBay said Tuesday its board rejected GameStop’s unsolicited $56-billion takeover offer.
- The proposal was “neither credible nor attractive,” EBay’s board said in a statement.
- The rejection sets back video game retailer GameStop’s bold ecommerce ambitions to take on bigger rivals such as Amazon.
Questions had swirled around whether Game Stop could afford to buy e Bay and compete with Amazon. (Paul Sakuma / Associated Press) By Queenie Wong Staff Writer Follow May 12, 2026 1:34 PM PT 2 3 min Click here to listen to this article Share via Close extra sharing options Email Facebook X Linked In Threads Reddit Whats App Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here.
California online marketplace EBay said Tuesday its board rejected GameStop’s unsolicited $56-billion takeover offer.
The proposal was “neither credible nor attractive,” EBay’s board said in a statement. The San José company said it rejected the bid after considering various factors, including how it could impact growth and profitability.