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GameStop Corp. will offer $125 in cash and stock per eBay Inc. share in a takeover proposal valued at about $56 billion, the Wall Street Journal reported, citing an interview with GameStop Chief Executive Ryan Cohen.
Cohen told the paper that GameStop has built a roughly 5% stake in the e-commerce platform and secured a commitment letter from TD Bank to provide about $20 billion in debt financing for a deal. The company is expected to make its offer public later on Sunday, the WSJ said.
The executive also told the paper that he is prepared for a proxy fight and take the offer to shareholders if necessary.
https://fortune.com/img-assets/wp-content/uploads/2026/05/GettyImages-1032311812-e1777852016131.jpg?resize=1200,600
https://fortune.com/2026/05/03/gamestop-56-billion-takeover-offer-ebay-stock-price-125/
Se Young Lee, Bloomberg
