eBay Rejects Unsolicited Acquisition Proposal From GameStop
Idag, 12:51
06:51 AM EDT, 05/12/2026 (MT Newswires) -- eBay (EBAY) said Tuesday that its board of directors has rejected an unsolicited, non-binding buyout offer from GameStop (GME).
The e-commerce company determined the bid was not credible due to financing uncertainties alongside the potential leverage and operational risks of a combined entity, the company's chairman, Paul Pressler, said.
The board concluded the organization is better positioned to generate growth and shareholder value as a standalone business under its existing management, eBay said.
Shares of eBay were down less than 1%, and GameStop shares were down 4.6% in recent Tuesday premarket activity.
eBay Rejects Unsolicited Acquisition Proposal From GameStop
Idag, 12:51
06:51 AM EDT, 05/12/2026 (MT Newswires) -- eBay (EBAY) said Tuesday that its board of directors has rejected an unsolicited, non-binding buyout offer from GameStop (GME).
The e-commerce company determined the bid was not credible due to financing uncertainties alongside the potential leverage and operational risks of a combined entity, the company's chairman, Paul Pressler, said.
The board concluded the organization is better positioned to generate growth and shareholder value as a standalone business under its existing management, eBay said.
Shares of eBay were down less than 1%, and GameStop shares were down 4.6% in recent Tuesday premarket activity.
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