May 1 (Reuters) – GameStop is preparing an offer for eBay as CEO Ryan Cohen pursues plans to boost the struggling videogame retailer's market value more than tenfold, the Wall Street Journal reported on Friday.
Shares of eBay, which has a market capitalization of about $46 billion, jumped about 10% in extended trading. GameStop gained 7%. The company has a market value of nearly $12 billion.
GameStop has been quietly building a stake in eBay's shares ahead of a potential offer, the report said, citing people familiar with the matter. It could submit an offer for eBay as soon as later this month.
If eBay is not receptive, Cohen could decide to take the offer directly to the e-commerce company's shareholders, the Journal said. Details of the potential offer could not be learned, the report added.
https://www.reuters.com/technology/gamestop-preparing-offer-ebay-wsj-reports-2026-05-01/
GameStop is preparing offer for eBay, WSJ reports
byu/joe4942 instocks
Posted by joe4942
5 Comments
GameStop Pump coming back baby let’s go regards
if smaller companies can buy larger companies why dont they all just do that? are they stupid?
It’s wild made they most out of the meme saga and turned the company profitable.
Like, the stock is still 26x before the short squeeze and is now trading at a 36 PE
Why would they want to buy EBAY
This is going to kill video game resellers. Gamestop getting top dollar for every game… Ugg