tech

EBay Rejects GameStop’s $56 Billion Takeover as Not Credible

Bloomberg Tech · May 12, 2026, 10:11 AM · Also reported by 4 other sources

EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, calling the unsolicited bid “neither credible nor attractive” in a letter from Chairman Paul Pressler on Tuesday.

Read full story on Bloomberg Tech → More top stories

Also covered by

CNBC EBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive' NY Times EBay Rejects GameStop’s $55 Billion Takeover Bid Yahoo Finance EBay Rejects GameStop's $56 Billion Takeover Bid. Both Stocks Are Lower. Yahoo Finance EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Tech alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

EBay Rejects GameStop’s $56 Billion Takeover as Not Credible

Also covered by

More in tech